Monitor Kennedy's speech for insights into BOC's future rate decisions, crucial for Forex strategies.
Members of the BOC Governing Council play a crucial role in determining the country's key interest rates, and their public appearances often provide hints about upcoming monetary policy changes. Governing Council member from October 1994 to December 2008.
What it Measures
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Usual Effect
A more hawkish stance than anticipated is beneficial 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)