June 11, 2015 / 4:16 PM / 2 years ago

BRIEF-Bank of Canada's Poloz news conference

June 11 (Reuters) - BoC’s Poloz: volatility in global bond yields appears to be getting into a more normal

* Bank of Canada’s Poloz: assessment of financial system risks doesn’t cause bank to think either way about raising or cutting rates

* Bank of Canada’s Wilkins: if hot housing market were generalized, “which we’re not seeing,” it would be different than if it is localized to Vancouver/Toronto

* BoC’s Poloz: latest Canadian trade data was disappointing

* BoC’s Poloz: sees economic effects of bad weather extending into second quarter

* BoC’s Poloz points out that while bond yields have risen, oil prices have also risen to higher than assumptions, while C$ has risen

* BoC’s Wilkins: higher bond yields so far not of major concern

* BoC’s Poloz: for now, income and employment effects of oil price shock appear to be reasonably localized

* BoC’s Poloz: our premise is mainly that oil price shock effect is up front and pretty rapid

* BoC’s Poloz: the handoff from q1 to q2 was negative but not a big miss

* BoC’s Poloz cites good data from U.S. and from Canadian labor market

* BoC’s Poloz news conference ends Source text for Eikon: Further company coverage: (Reporting by Randall Palmer and David Ljunggren; Editing by Jeffrey Hodgson)

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