Poloz Q&A: Doesn't see inflation risks as important now
Poloz takes audience questions:
- Downside risks are the most-difficult to manage
- Balance sheet will reverse course as markets normalize
- Best case scenario for recovery is still most likely
- Thinks Canadian economy will be near the top of the range of BOC's expected outcomes
I'll monitor for other comments. USD/CAD dipped to 1.3969 at the London fix but is back to 1.3985, little changed on the day.