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Bank of Canada's Poloz: Positive effects of rate cuts still flowing through

More comments from BOC's Poloz:

  • Effects of BOC's two rate cuts this year are working through the system
  • Asked about Fed hike, said flexible exchange rate is stress reliever as monetary policy diverges internationally
  • BOC was fully consulted on Friday's mortgage rule changes by finance department
  • There is no comparison, no similarity between US housing/banking situation before housing crash in 2007 and the Canadian situation
  • Expects Canadian economy to gain momentum through 2016 and 2017

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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