BoC's Poloz: We must be open, we could be surprised in either direction relative to our forecast

BoC's Governor Stephen Poloz is on the wires, stating that "we must be open, we could be surprised in either direction relative to our forecast".

More headlines (via Reuters):

When you're in a situation which is different from normal, you expect deviations from your models
To interpret data "more intensively" than usual
Approx 75% of companies are running at full capacity

Oct 25, 2017

BoC's Poloz: At this point in cycle is where you generate more growth, less inflation than you were predicting

Additional comments keep hitting the wires, via Reuters, from BoC's governor Stephen Poloz during a press conference: Production side of economy su

The US Dollar Index turned to the downside during the American session despite better-than-expected US economic data...