- We are at a crucial spot in the economic cycle and significant uncertainties are clouding the way forward
- Risks outlined in MPR give us a balanced outlook for inflation
- Poloz sees signs of slack in job market
- Economy is is likely to require less monetary stimulus over time.
- Bank of Canada will be cautious in making future adjustments to policy rate
- Sources of Canadian growth have broadened
During the speech, CAD remained relatively calm, with USD/CAD recording a slight increase of 15 points.
Jr Trader Petar Milanov
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