Market news
07.03.2018, 15:08

BoC repeats will "remain cautious in considering future policy adjustments", guided by incoming data

  • Q4 GDP slower than expected due to higher imports; 2017 gdp in line with bank's projection

  • New U.S. Govt spending, tax cuts expected to boost U.S. growth in 2018, 2019; global growth "solid and broad-based"

  • Will take time to fully assess impact of regulations on housing demand, prices

  • Wage growth has firmed but is lower than typical in an economy with no labor market slack

  • Implications of federal government budget will be incorporated into forecasts in april

  • Core inflation measures have edged up, consistent with an economy operating near capacity

  • Data shows pulling forward of housing demand ahead of new mortgage rules, other measures

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