BRIEF-Bank of Canada's Poloz news conference

Thu Jun 11, 2015 12:11pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

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   Continued...