Following the Bank of Canada’s decision to keep its policy rate unchanged 0.25%, Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins are responding to questions from the press. Key takeaways “With 10-year yields sitting at 0.75% and economy turned off, very little purpose in operations aimed at lowering longer-term interest rates.” “Those kinds of deliberations can wait until another day.” “Strain in credit markets is better than it was three weeks ago.” “Wouldn’t pretend conditions in markets are particularly functioning better than they were.” 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.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Poloz speech: Recovery will have a lot of pent-up characteristics to it FX Street 2 years Following the Bank of Canada's decision to keep its policy rate unchanged 0.25%, Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins are responding to questions from the press. Key takeaways "With 10-year yields sitting at 0.75% and economy turned off, very little purpose in operations aimed at lowering longer-term interest rates." "Those kinds of deliberations can wait until another day." "Strain in credit markets is better than it was three weeks ago." "Wouldn't pretend conditions in markets are particularly functioning better than they were." About Stephen Poloz (via bankofcanada.ca) "Stephen S. Poloz was appointed Governor of the Bank of Canada,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
