Bank of Canada Governor Poloz answering questions in parliament this afternoon Canada time
- Further Bank of Canada easing would bring the bank closer to unconventional monetary policy
- Decision on whether to cut rates again is not one to take lightly
- Ingredients of a possible divergence between Canada and the United States, economically & from monetary policy standpoint
More:
- best plan right now is to wait on rates
- Fiscal stimulus has eased pressure for lower rates
- Still has room to adjust monetary policy if needed
USD/CAD:
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ps. We had some system issues here hence the delay in getting the CAD news out.
