by K-man | March 6th, 2019, 11:25:41 | Bank of Canada, Central Banks, Technical Analysis
06.03.2019 Bank of Canada preview. In short, there should be no change in monetary policy, the current conditions are expected roughly balanced between a good job market and the weaker GDP . But that’s where it ends. Where we had an upbeat picture painted by...
by Ryan Littlestone | April 18th, 2018, 15:33:32 | Bank of Canada, Central Banks
Comments from Bank of Canada governor Stephen Poloz 18 April 2018 Rates may need to stay below the neutral range Canada has made considerable progress in last 12 months Some progress has been made on the key issues being watched closely by Governing Council,...
by K-man | April 17th, 2018, 16:47:02 | Bank of Canada, Central Banks
Preview, options and levels Tomorrow will see BOC’s interest rate decision and their quarterly Monetary Policy Report coming out at 14:00 gmt. Expectations for a rate hike from 1.25% to 1.5% stand only at 20% for this month, which leaves room for a surprise...
by Ryan Littlestone | January 17th, 2018, 16:31:37 | Bank of Canada, Central Banks
Bank of Canada governor starts speaking Data dependence is illustrated very aptly today NAFTA is a big unknown There’s no unambiguous pre-calculation one can do about how it will affect the economy If economy was completely back to normal, arguably somehwere in...
by Ryan Littlestone | January 17th, 2018, 16:18:05 | Bank of Canada, Central Banks, Sticky 2
Opening comments from the BOC Continued stimulus was still required due to uncertainty over NAFTA Wage pressures remain modest and could indicate some capacity remains in the labour market Rather than typing the headers, here’s the full opening statement while...