BoC press conference - Stephen Poloz speech - Live stream - Jan. 9
In a widely expected decision, the Bank of Canada maintained its target for the overnight rate at 1.75% and noted that the Governing Council continues to judge that the policy interest rate will need to rise over time into a neutral range to achieve the inflation target. At 16:15 GMT, Governor Stephen S. Poloz, and Senior Deputy Governor Carolyn A. Wilkins will be delivering their remarks on the monetary policy outlook and will also respond to questions in a press conference.
Bank of Canada keeps policy rate unchanged at 1.75%.
The Bank projects real GDP will grow by 1.7 per cent in 2019, 0.4 percentage points slower than the October outlook.
About Stephen Poloz (via bankofcanada.ca)
"Stephen S. Poloz was appointed Governor of the Bank of Canada, effective 3 June 2013, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank and a member of the Board of Directors of the Bank for International Settlements (BIS). He currently chairs both the BIS Audit Committee and the Consultative Council for the Americas."