BoC's Poloz: Will incorporate tariff impact in July's monetary policy report

Eren Sengezer FXStreet

The Bank of Canada Governor Poloz and Senior Deputy Governor Wilkins are responding to questions from the media following the release of the June Financial System Review, which highlighted that the financial system remained resilient as vulnerabilities continued to ease.

Key quotes

BoC's Wilkins: Stabilization of housing market may take longer than we assumed in April.
BoC's Poloz: Will incorporate tariff impact in July's monetary policy report.
BoC's Poloz: We see solid economic expansion.
BoC's Poloz: Trade risk feels a ittle more risky today than it did in last policy statement.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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