BULLET: CANADA BOC: Deputy Gov Lynn Patterson says Bank of...>

CANADA BOC: Deputy Gov Lynn Patterson says Bank of Canada needs more 

time, what she called a longer detour than expected, before the policy 

1.75% interest rate should change. In speech Thursday to Chamber of 

Commerce at Hamilton, Ontario, said will take time to gauge persistence 

of below potential growth and its implications for inflation. Noted data 

disappointing especially on exports, biz investment, consumption. Zeroed 

in particularly on lower consumer spending due various uncertainties and 

higher interest rates. Sees H1 2019 continued lower growth, pickup 

"later in the year" on continued strong jobs mkt & rising wages.