Following the Bank of Canada’s decision to leave its policy rate unchanged at 0.25% as expected, Governor Stephen S. Poloz will be delivering his remarks on the policy outlook in a press conference at 1430 GMT.
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Bank of Canada leaves policy rate unchanged at 0.25% as expected.
In a widely expected decision, the Bank of Canada (BoC) on Wednesday announced that it left its policy rate unchanged at 0.25% at its April policy meeting. In its policy statement, the BoC reiterated that it stands ready to adjust the scale or duration of its programs if necessary.
About Stephen Poloz (via bankofcanada.ca)
“Stephen S. Poloz was appointed Governor of the Bank of Canada, effective 3 June 2013, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank and a member of the Board of Directors of the Bank for International Settlements (BIS). He currently chairs both the BIS Audit Committee and the Consultative Council for the Americas.”
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