Monitor Duguay's speech for hints on BOC's rate decisions, crucial for CAD valuation.
Members of the BOC Governing Council are tasked with determining the country's key interest rates. Their public appearances often provide subtle hints about future monetary policies. Governing Council member tenure: January 2000 - July 2010.
What it Measures
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Usual Effect
A more hawkish stance than anticipated is beneficial for the currency.
Source & Frequency
Bank of Canada (latest release) - https://www.bankofcanada.ca/
How Data is Derived
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Also Known As
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Acronym
Bank of Canada (BOC)