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BOC’s Poloz Q&A: We’re comfortable with our inflation forecasts

April 18, 2018/0 Comments/in Central Banks, Uncategorized Echo_11 /by euitsols

Poloz and Wilkins take questions

There have been some positive signs on wages but there are still questions
Progress has been encouraging and we have renewed confidence that we have the right narrative
Pace of rate hikes is a considerable question mark
Rates are low considering the economy is close to capacity
BOC is decidedly data dependent
Having NAFTA resolved would be positive for business
Discussions were about underlying dynamics of the process of weighing risks
I won’t go into the nuts-and-bolts of the discussion
Discount in Canadian oil is mostly an investment problem in our view

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