28 Nov 2016
BoC's Poloz: Have seen some weakness recently but that's part of the expectation
Bank of Canada's Stephen Poloz is crossing the wires last minutes, during an interview on Bloomberg TV, saying that the central bank has seen some pockets of economic weakness recently, but states that it was expected.
More headlines (via Bloomberg TV):
- Some of market reaction to trump is built into our calculus
- Asked about Trump's intentions, says we only incorporate announced policy changes into our outlook
- Have to wait a little longer on business sentiment in reaction to Trump election
- Less concerned about immediate infrastructure stimulus effect from govt, more concerned about longer term effects
- It would require for us to have significant departure from view of inflation getting to target around mid-2018 to move again