BULLET: CANADA DATA IMPACT: Bank of Canada Human Readable AF.>

CANADA DATA IMPACT: Bank of Canada Human Readable AF Questions 

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*Target rate: 1.75% (unchanged)

*Does BOC say that accommodation provided by the policy rate remains 

appropriate? Yes

*Does BOC say the policy rate remains appropriate? No

*Does BOC say the policy rate may need to fall?   No

*Does BOC say that inflation will return sustainably to 2% by 

mid-2020? No

*Does BOC say that core measures of inflation remain close to 2%? Yes

*Does BOC say it has reduced economic forecasts because of trade 

conflicts?  No

*Does BOC say that risks from trade conflicts have increased? Yes

*Does BOC say that risks from trade war are two-sided? No

*Does BOC say monetary policy cannot tackle both downside growth 

risks and upside inflation risks from tariffs?   No

*Does BOC say the outlook is clouded by trade tensions?  Yes

*Does BOC say the risks to growth are tilted to the downside? N/A

*Does BOC say the risks to inflation are tilted to the downside? No

*Does BOC say that growth has been stronger than expected? Yes