Bank of Canada Governor Says Stimulus Remains Appropiate

Bank of Canada Governor Stephen Poloz said that “substantial” monetary stimulus now in place in Canada remains appropriate.
Poloz, speaking to lawmakers today in Ottawa, said that inflation “persistently” below the central bank’s target has assumed “increasing importance.” Still, the bank is also taking into consideration the risk that low interest rates exacerbate household debt.

via Bloomberg

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza