👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

BRIEF-Bank of Canada's Poloz: investment in Canada has been very weak

Published 2017-03-28, 11:39 a/m
© Reuters.  BRIEF-Bank of Canada's Poloz: investment in Canada has been very weak

March 28 (Reuters) -

* Bank of Canada Governor, asked if April rate cut remains on the table, says bank in midst of next projection exercise, doesn't want to prejudge process

* Bank of Canada Governor says risks identified in last MPR are still on the table

* Bank of Canada Governor says confident government stimulus will show up in economic data this year

* Bank of Canada Governor says fundamentals pushing Toronto housing market higher

* Bank of Canada Governor says our greater concern is with stock of indebtedness and how people can service debts

* Bank of Canada Governor says U.S. uncertainty on fiscal side remains, we'll be doing our best with our assumptions in U.S. forecasts

* Bank of Canada Governor says contraction of energy sector appears to be behind us

* Bank of Canada Governor says adjustment to oil shock is proving to be a very slow process, it is not a straight line

* Bank of Canada Governor says adjustments happening more slowly than we expected, "We're confident we're going to get there"

* Bank of Canada Governor says if excessive capacity remains, interest rates could drift lower and raise concerns about de-anchoring

* Bank of Canada Governor says would be odd to forget about all downside risks because of a couple of positive data points

* Bank of Canada Governor says investment in Canada has been very weak, partly because of oil shock; watching for investment recovery

* Bank of Canada Governor's news conference ends Further coverage:

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.