BoC: Poloz to maintain a cautious tone - TDS

Analysts at TDS are looking for BoC’s Governor Poloz to maintain a cautious tone in his Parliamentary testimony, scheduled to begin at 15:30 ET, and echo many of the speaking points from the MPR and post-decision interviews.

Key Quotes

“In particular, we expect to him reference higher potential output, transitory inflation tailwinds, the economy's sensitivity to higher rates, and pockets of labour market slack.”