Bank of Canada is out of touch, "didn't grasp the challenges facing the Canadian economy"

Adam was interviewed by Reuters on Thursday, not happy with the Bank of Canada:"The Bank of Canada cut 50 basis points but it didn't grasp the challenges facing the Canadian economy," "The market might be looking further out and saying, 'this isn't enough. Rates are still too high for where the economy is now.'"Check out the link for more:Canadian dollar lags G10 peers as investors eye more rate cuts---The next BoC meeting is December 11 - another 50 then? This article was written by Eamonn Sheridan at www.forexlive.com.