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BOC PRESS CONFERENCE: Gov Poloz doesn't......>

CANADA
CANADA: BOC PRESS CONFERENCE: Gov Poloz doesn't comment directly on questions
about the need for a potential rate cut.
-Outcomes from trade wars are complex and markets may not be picking up on all
of them, Poloz said, for example if bond yields fall and equities rise
-Poloz says Canada economy still facing headwinds on things such as trade
-Poloz said he wasn't comfortable generating precise probabilities on different
scenarios on trade disputes
-Don't assume central banks can "fix" different problems created by a surge in
trade tensions, Poloz said, referencing 1970s stagflation
-Lower market interest rates helping some Canadians refinance mortgages at same
rates as 5Y ago, Poloz said

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