Monitor Patterson's speech for insights on BOC's future rate decisions, crucial for CAD valuation.
Members of the BOC Governing Council play a crucial role in determining the country's key interest rates, and their public appearances often provide hints about future monetary policy direction. This council member served from May 2014 to July 2019.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to benefit 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)