Monitor Leduc's speech for insights on BOC's future rate decisions, pivotal for Forex markets.
Members of the BOC Governing Council are tasked with determining the country's key interest rates, and their public appearances often provide subtle hints about future monetary policy decisions. This role was held from May 2016 to July 2018.
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)