BoC says its governor Poloz will not announce any additional interest-rate cuts or other measures at his press conference this morning with federal Finance Minister Morneau

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18 March 2020

BoC says its governor Poloz will not announce any additional interest-rate cuts or other measures at his press conference this morning with federal Finance Minister Morneau

“In this morning’s press conference, the Governor intends to speak to the measures the Bank has taken to ensure the financial system has sufficient liquidity so that credit continues to be available to businesses and households. He will not be announcing any new measures or actions,” the Canadian central bank said in an advisory to reporters, issued on Wednesday.

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