Home BoC’s Poloz making key comments: Don’t put a lot of weight on individual data points

BoC’s Poloz making key comments: Don’t put a lot of weight on individual data points

Published date: 12 Dec. 2019 | 20:27

Bank of Canada Governor, Stephen Poloz, has been crossing the wires today and is making additional comments following what he cited earlier as tepid global growth and historically low-interest rates that are going to be the norm for the foreseeable future.

Additional comments

Says the trend has been a positive one for the labor market.
We don’t put a lot of weight on individual data points, especially labour data.
When interest rates are negative fiscal policy is preferable to monetary policy.

More to come…

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