Canada’s Poloz says policy-makers ‘preoccupied’ with growth slowdown

stephen-poloz
Stephen Poloz
Bank of Canada

The Bank of Canada’s governing council was “preoccupied” with the growth slowdown in reaching its latest decision, said governor Stephen Poloz on April 24.

Unveiling the central bank’s decision to hold the policy rate at 1.75%, the governor said if the growth slowdown were to persist, it would likely cause inflation to dip below target.

However, Poloz said the central bank expected the slowdown to be temporary. The Bank of Canada forecasts growth will be 1.2% this year but will climb to 2% in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: