Poloz
Daily wrap up – 27 September
27 Sep 2017 11:33 PM |
US President Donald Trump on Wednesday offered proposals for tax adjustments that would be the largest in US history, and told reporters at the White House that they would be something special for Americans. The dollar rose over the course of today's trading, as the dollar index rose from a daily low at 92.79 to reach its highest level since August 23 at 93.40.
Poloz: we will proceed cautiously on rates
27 Sep 2017 07:04 PM |Stephen Poloz, governor of the Bank of Canada, made the following statement:
- There is no predetermined path of interest rates, here we depend on economic data.
- Monetary stimulus in 2015 is no longer needed.
- We will watch developments in financial markets, including long-term interest rate movements and the exchange rate
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