Comments from BOC Governor Poloz at a House of Commons committee:
– Some of strong Q1 data a result of temporary and catch-up factors
– CAD rebound appears to be a shift of expectations on monetary policy in Canada and US
The early part of the speech dealt with a recap of the past year in the economy and the collapse in commodity prices. The second part is largely a recap of the BOC’s current stance that was outlined in the BOC statement and MPR.
Bank of Canada’s Poloz: Some of strong Q1 data a result of temporary and catch-up factors
ByAdam Button
Apr 19, 2016