Bank of Canada: would need significant shock to resume easing bias

By Jonathan Spicer NEW YORK (Reuters) - It would take another significant economic shock, such as a faltering U.S. economy, for the Bank of Canada to consider cutting interest rates again, the central bank's head said on Tuesday. After cutting interest rates twice last year to offset the economic shock of cheap oil, a major export for Canada, the bank has held steady so far this year and is expected to continue to do so when it meets next month. It would be another negative shock but it would ne