16 July 2013

What should we expect from the new Bank of Canada Governor at tomorrow’s rate meeting?

It remains a question if the new Bank of Canada (BoC) Governor Stephen Poloz will keep warning about a future rate increaseespecially after mooted remarks from the head of U.S. Federal Reserve.

The latest survey by Bloomberg News shows that 13 out of 14 economists expect Poloz to continue his predecessor Mark Carney year-old policy of indicating the next move in the central bank’s key interest rate to be upward…

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