Stephen S Poloz: Release of the Monetary Policy Report Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, at the press conference following the release of the Monetary Policy Report, Ottawa, Ontario, 30 October 2019. * * * Good morning.
Senior Deputy Governor Wilkins and I are pleased to be here to answer your questions about today’s interest rate announcement and our Monetary Policy Report (MPR). Before turning to your questions, let me first offer some insight into Governing Council’s deliberations. Not surprisingly, the worsening global situation was the primary issue.