Some system issues we had here prevented us getting the Poloz comments you in a timely fashion
USD/CAD fell hard
Eventually we did a catch up:
BOC Poloz comments sending the CAD higher
More from BOC's Poloz: Willing to use policy room if needed
For a recap, Bloomberg have this now: Poloz Says Canada's Two-Track Economy Complicates Rate Cuts
On the outlook for rates, Poloz summed up:
- "Our best plan right now, we think, is to wait for the next 18 months or so."