Here’s one — the Fed will print forever.
Other new headlines from Poloz and Macklem:
- Poloz says inflation posing a very low level threat
- Minimal risk of an overshoot on core inflation
- Asked about CAD, said BOC’s only focus is inflation
- BOC has decided to no longer have explicit bias toward higher rates due to persistently low inflation
These headlines are giving USD/CAD traders a reason to hop on the USD bandwagon.