- We’re not in a state of affairs the place there’s a single most-likely consequence
- We’d like to consider multiple consequence
- In some unspecified time in the future issues will get clearer and we are able to get again to placing extra weight on being forward-looking
- We’re not speaking about double-digit unemployment and inflation
I take his feedback right now to be a sign that the BOC is transferring to the sidelines in the interim however could minimize aggressively (or hike) as developments on tariffs and the economic system unfold. Within the meantime, he is saying to not count on any hints on what’s coming.
This text was written by Adam Button at www.forexlive.com.
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