Bank of Canada Governor Stephen Poloz used a speech this week to argue that relying on monetary policy alone to counteract economic downturns risks further stoking financial imbalances. While Poloz reiterated that the Bank intends to raise interest rates further, he also acknowledged that the outlook for the path of interest rates is very uncertain.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services