BoC Poloz: Downside risks and deflation possibility the dominant concerns in coronavirus response

<p>BoC Governor Stephen Poloz delivered his final speech yesterday, before stepping down next week. He noted that the “dominant concerns” for the coronavirus crisis response was “was with the downside risk and the possibility that deflation could emerge.” “Deflation interacts horribly with existing debt, the two main ingredients of depressions in the past,” he added. […]</p>
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