Bank of Canada Governor Poloz has 'clarified;' his comment earlier •He says the 18 month comment was not about monetary policy •it was about the output gap His earlier comment was reported as: •"Our best plan right now, we think, is to wait for the next 18 months or so." Now he says that wasn't related to rates being on hold. This 'clarification' has sent the CAD back down again: (full story)