Global slowdown continues to warrant stimulus – Poloz

Stephen Poloz
Bank of Canada

Policy-makers should keep interest rates stimulative to help economies adjust to the temporary slowdown in global growth and trade, Bank of Canada governor Stephen Poloz said in a speech on April 1.

For the Canadian economy, Poloz explained, stimulus remains important amid weaker global growth and a housing sector that is taking longer than expected to adjust to tighter mortgage guidelines and rates.

Lower rates are necessary “to help the economy work through this downshift in growth and keep

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: