- BoC's governor Poloz: BoC stands ready to augment all programs if needed
Notícias do Mercado
15 abril 2020
BoC's governor Poloz: BoC stands ready to augment all programs if needed
- Says commodity-producing countries are being hit twice right now
- Balance of risks is a decline in inflation
- Risk of sustained deflation in Canada is low
- Repeats that 0.25% in effective lower bound
- There has been some improvement in market functioning
- Corporate bond market continues to show signs of strain
- BoC has so far accumulated over CAD200 billion of new assets, amounting to about 10% of Canada's GDP
- Extending repo program should help banks and lower mortgage rates
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