Economics

Poloz Enters Home Stretch Hawkish on Rates: Decision Day Guide

Odds are Bank of Canada governor won’t cut before departure
Policy makers constrained by household debt in slowing economy

Error:

Could not download required scripts. Please update your browser or turn off ad blocker to continue to watch.

BOC's Poloz Says G-7 Central Bank Coordination 'Extraordinarily High'

How easy or hard was it to use Bloomberg.com today?

Share feedback

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

By Theophilos Argitis

January 21, 2020 at 5:06 PM UTC

Updated on

January 22, 2020 at 10:48 AM UTC

This article is for subscribers only.

Stephen Poloz is heading into the final few months of his term as Bank of Canada governor showing few signs of giving up his status as one of the industrialized world’s most hawkish central bankers.

At a decision Wednesday, the bank is widely expected to hold its key interest rate at 1.75%, keeping it unchanged for a 10th-straight meeting and leaving Canada with the highest rate among advanced economies.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE