Why wasn't the BoC this cautious when it unnecessarily slashed rates multiple times?  We have an economy that outpaced the U.S. one in terms of growth, a housing bubble that is fueled by low rates, crazy inflation that anyone living in Canada can attest to, a declining dollar that makes life even more expensive....and now we have a central bank that refuses to do anything and seems to be focused on making life even more difficult for Canadians.  What a joke.