Canada's Dodge on global economic challenges

In the speech 'Meeting global economic challenges: The need for flexibility' given on 8 March David Dodge of the Bank of Canada said last week's stock market volatility was a reassessment of risks and he urged markets to price those risks appropriately in the future.

Dodge said he and central bankers of other major economies shared a concern for some time now that spreads in global financial markets had become unrealistically tight and that investors were underestimating the degree of risk.

"So

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