Press conference with Bank of Canada's Poloz

He adds:

  • Recent job report was encouraging set of numbers
  • will need more data points to be sure of wage growth gains
  • If inflation is below target because of "good disinflation" it would be curious for central bank to try offset that.
  • We have an inflation target band as things can happen in either direction
  • Intention is always to aim for 2% inflation target. Credibility hinges on target.