Risk of protectionist policies not yet factored in – Poloz
Bank of Canada governor says household debt, wage growth and labour market are all considered
The governor of the Bank of Canada has revealed the institution does not yet factor a “shift toward more protectionist trade policies” in its forecasts for monetary policy.
Appearing before Canada’s House of Commons Standing Committee on Finance, Stephen Poloz said the central bank examined household debt, wage growth, inflation and the labour market when considering the future of monetary policy.
However, he added: “We have not incorporated into our projection the risk of a significant shift
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