Bank of Canada Governor Poloz Speaks
Will BOC Poloz Give His Opinion on USMCA Agreement?
Starts Tuesday, December 18, 2018 at 17:03
Updated Monday, December 3, 2018
The Governor of the Bank of Canada is due to speak about the economic outlook, risks in Canada's financial system, and the December interest rate decision at the Chartered Financial Analyst Society Breakfast Seminar, in Toronto. Audience questions expected so it will get interesting.Personally, I would be interested to hear what he has to say about the new NAFTA agreement or as it is called now, the USMCA. By the way, the text of his speech will be released 15 minutes in advance of the speech, but the question and answer session will be more interesting. Follow us for live coverage of this event and the impact it might have on the currency by experienced market analysts.
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About Bank of Canada Governor Poloz Speaks
Speaking engagements by Bank of Canada (BoC) Governor Stephen S. Poloz are primary market movers of the Canadian dollar (CAD). Poloz has served the BoC in this capacity since appointment in June of 2013. He is serving a seven-year term, concluding in 2020.Before becoming BoC Governor, Poloz completed a rich academic background. A graduate from Columbia University’s Senior Executive Program, Poloz has been a visiting scholar at the International Monetary Fund and Japan’s Economic Planning Agency.Comments from any central bank head are typically scripted in advance to avoid disrupting market behavior. Any unusually hawkish or dovish commentary from Poloz has the potential to heighten volatility dramatically facing the CAD.