Government stimulus will show up in economic data this year - BoC's Poloz

Eren Sengezer FXStreet

Stephen Poloz, Governor of the Bank of Canada, is responding to questions following his speech at Durham College on ‘Canada’s economic history’.

Key quotes (via Reuters)

Asked if April rate cut remains on the table, says bank in midst of next projection exercise, doesn't want to prejudge process
Risks identified in last MPR are still on the table
Confident government stimulus will show up in economic data this year
Fundamentals pushing Toronto housing market higher

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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