Tag: Poloz

Bank of Canada Opens Door to Rate Cut on Persistent Slowdown – Bloomberg

Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy last year, said the door is open for the Bank of Canada to cut interest rates if the current economic slowdown persists.
— Read on www.bloomberg.com/news/articles/2020-01-22/bank-of-canada-holds-rates-signals-less-confidence-in-outlook

Bank of Canada’s Stephen Poloz to Step Down in 2020 – Bloomberg

Stephen Poloz, who resisted this year’s global rush to cut interest rates, won’t seek a second term at the helm of the Bank of Canada when his mandate ends in June.Poloz informed the central bank’s board of directors and Finance Minister Bill Morneau of his decision, according to a statement Friday from the bank.
— Read on www.bloomberg.com/news/articles/2019-12-06/poloz-to-step-down-in-june-kicking-off-race-to-find-successor

Monetary Conditions Are ‘About Right’ in Canada, Poloz Says – Bloomberg

Bank of Canada Governor Stephen Poloz said he believes monetary policy conditions are “about right” in the country right now, though officials are monitoring closely whether global trade tensions spill over further into the broader economy.
— Read on www.bloomberg.com/news/articles/2019-11-21/monetary-conditions-are-about-right-in-canada-poloz-says

Poloz Flags Growing Trade Risks With Canada Rates Firmly on Hold – Bloomberg

Bank of Canada officials flagged elevated concerns about mounting global trade tensions, even as they left interest rates unchanged for a sixth straight decision and showed little willingness to consider easing policy any time soon.
— Read on www.bloomberg.com/news/articles/2019-07-10/poloz-puts-canadian-rates-firmly-on-hold-amid-global-trade-risks