4 Dec 2014
BoC Poloz: Weaker oil a downside risk to growth and inflation
FXStreet (Bali) - Stephen Poloz, Governor of the Bank of Canada, is speaking in an onstage interview at The Economist’s inaugural Canada Summit, with the title of the conference being: How Can Canada Play a Larger Role in the Global Economy?
Key headlines - via Reuters
Poloz says level of GDP is higher than we thought it would be
Poloz says central bank thinks there is plenty of capacity in the economy, a lot of room for it to grow
Poloz says weaker oil price a downside risk to growth and inflation, but u.s. economy is showing encouraging signs
Poloz says the inflation profile in the near term will be pushed down by oil prices
Poloz says central bank thinks it still has about two years of above potential growth before it would use up slack in the economy
Key headlines - via Reuters
Poloz says level of GDP is higher than we thought it would be
Poloz says central bank thinks there is plenty of capacity in the economy, a lot of room for it to grow
Poloz says weaker oil price a downside risk to growth and inflation, but u.s. economy is showing encouraging signs
Poloz says the inflation profile in the near term will be pushed down by oil prices
Poloz says central bank thinks it still has about two years of above potential growth before it would use up slack in the economy