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BOC Governor Macklem Speech Preview --.......>

CANADA
CANADA: BOC Governor Macklem Speech Preview -- Monday 11am Eastern
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- First public speech from Macklem who began June 3, though he laid out views on
pressing ahead with QE and seeing 0.25% rate as lower bound in parliamentary
testimony on Tues.
- Remarks on "Monetary Policy in the Context of COVID" followed by audience Q&A,
press conference
- Look for views on recent data suggesting the economy has bottomed out, touting
of fiscal stimulus as more powerful bridge through pandemic, view that QE can
shift from stabilizing markets to supporting economic recovery. 
- Speech webcast at https://www.bankofcanada.ca/press/webcasts/

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