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Bank of Canada’s Poloz Says Rate-Hike Path Is ‘Data Dependent’

  • Governor says he doesn’t know how long rates may be on hold
  • ‘We’re still working on some headwinds’ facing the economy
Stephen Poloz
Stephen PolozPhotographer: Justin Tang/Bloomberg

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Bank of Canada Governor Stephen Poloz said whether he’s done with hiking altogether is a “data-dependent question,” adding the economy continues to work through headwinds that warrant stimulative rates.