Monitor CA Gov Council Member Mendes's speech for insights on future interest rate changes, crucial for Forex markets.
Members of the BOC Governing Council are tasked with determining the country's key interest rates. Their public appearances often provide subtle hints about prospective monetary policy changes. Newly appointed Governing Council member as of July 2023.
What it Measures
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Usual Effect
An unexpectedly hawkish stance 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)