In addition to earlier comments, Bank of Canada senior deputy governor, Carolyn A. Wilkins, is being asked questions and has responded with key comments, so far, as follows:
- What’s important is what underpins our decision.
- Clouds over trade disputes could clear, which would be an upside risk to Canadian and global economies.
- There are upside and downside risks to bank’s forecast of 1.2% GDP growth in 2019.
- The economy is on track, relative to April view.
- Upside and downside risks to BoC forecast of 1.2% growth this year.
- Must pay attention to when yield curves flatten and then invert.
- Historically speaking, that has been a sign of slower growth.
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