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BoC's Lane: It's likely that the rise in underlying inflation means the economy has less slack than the bank predicts
BOC'S DEPT. GOV. LANE: IT'S LIKELY THAT THE RISE IN UNDERLYING INFLATION MEANS THE ECONOMY HAS LESS SLACK THAN THE BANK PREDICTS.
— Breaking Market News (@financialjuice) June 10, 2021
Added at 2:33pm
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BoC’s Lane: We Don't Have To Hit Target For Buying Gov't Bonds Every Week
— LiveSquawk (@LiveSquawk) June 10, 2021
- BoC Would Communicate If It Was Going To Scale Down How Much QE We Are Doing
Added at 2:44pm
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BoC's Lane:
— DailyFX Team Live (@DailyFXTeam) June 10, 2021
- If the Canadian Dollar appreciates too much, exporters will face difficulties
- Before reducing stimulus, we need to make sure the economy is well on the way to a full recovery