Popular News From Popular Sites: Bank of Canada head says worried about downside inflation risk

Monday, November 3, 2014

Bank of Canada head says worried about downside inflation risk

Bank of Canada Governor Poloz takes part in a news conference in Ottawa By Solarina Ho TORONTO (Reuters) - The Bank of Canada is more concerned about the risk of weaker-than-expected inflation and soft growth than it would be about a jump in inflation and strong growth because such upside moves are easier to manage, Governor Stephen Poloz said on Monday. His comments were perceived as dovish by market players and weighed on the Canadian dollar as they suggest the central bank is in no hurry to tighten policy. ...




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