BoC's Poloz: "18 month" comment was not about monetary policy

BoC's Governor Stephen Poloz is once again crossing the wires, clarifying that his "18-month" comment is in reference to the output gap and was not about monetary policy. At the time of writing, USD/CAD is reacting higher (CAD weakens) following the headline, currently trading at 1.3350, up 0.48%.