Monitor CA Gov Council Member Gravelle's speech for insights into future interest rate decisions, pivotal for Forex markets.
Members of the BOC Governing Council play a crucial role in determining the country's key interest rates, and their public statements often provide hints about future monetary policies. One member was appointed to the Governing Council in October 2019.
What it Measures
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Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
Bank of Canada (latest release) - https://www.bankofcanada.ca/
How Data is Derived
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Also Known As
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Acronym
Bank of Canada (BOC)