加拿大央行行长说不会干预汇率

[ottawa_it_blue_collar]

尽管加元对美元跌到几年新低，央行也没干预的意思。
现在该明白加拿大政府想干什么了么？贬值加元，刺激出口，刺激留学，刺激旅游。
指望加元几年内恢复元气就算了吧。

 

[ccc]

尽管加元对美元跌到几年新低，央行也没干预的意思。
现在该明白加拿大政府想干什么了么？贬值加元，刺激出口，刺激留学，刺激旅游。
指望加元几年内恢复元气就算了吧。

几天前说的吧？

Bank of Canada chief: Pointless to try to stop C$ moves
Fri Dec 18, 2015 7:08pm EST
By Leah Schnurr and Randall Palmer

OTTAWA (Reuters) - The Canadian dollar and the price of oil move "like a pair of train tracks" and trying to stop exchange rates from shifting could hinder the economy's ability to absorb shocks, Bank of Canada Governor Stephen Poloz said on Friday.

Poloz, speaking to Reuters in a year-end interview, also gave a cautiously optimistic view on the economy for 2016. He said the underlying trend in the economy was likely quieter than the annualized 2.3 percent growth reported for the third quarter.

After a softer fourth quarter, he said, "We should see some more persistent acceleration as we go through next year."

Both Canada's economy and its currency have been hit hard by the crash in the price of oil, as well as low prices for other commodities, with the loonie, as the Canadian dollar CAD= is known, plumbing 11-1/2-year lows. [CAD/]

While some in the market believe Poloz prefers a weaker currency in order to help exports take over from housing and consumption as drivers of growth, he said he always tried to speak neutrally about the currency.

"It is never my intention to influence the currency through what I say," Poloz said, pointing to the strong correlation between the loonie and oil prices.

"The proof is in the chart ... which is the currency with the oil price. I certainly have no ability to move the price of oil, but the exchange rate has followed it like a pair of train tracks."

Flexible exchange rates help an economy digest shocks, and trying to stop a currency from moving means the economy would be slammed by shocks, he said, sitting in a board room at the bank's headquarters, portraits of his eight predecessors hanging from the paneled walls.


DIVERGENCE AND RATES

The Bank of Canada cut interest rates twice this year to try to offset the shock from cheaper oil. The lower rates, the drop in oil and the first rate hike by the U.S. Federal Reserve in almost a decade have all served to knock the Canadian dollar down nearly 20 percent against the greenback this year.

Poloz reiterated there would be monetary policy divergence as the Fed hiked, but declined to say whether this meant Canadian rates might go lower.

"Divergence doesn't mean cutting rates necessarily, it could mean constant rates, it could mean rates going up more slowly, it's just divergence," he said.

On Tuesday he said that while some statistics were negative, others were positive and the economic prognosis was more or less in line with the bank's earlier outlook.

Canada was in a mild recession in the first half of the year. Although growth resumed in the third quarter, early data has pointed to a weak start to the last quarter of 2015. This is made even more concerning by the recent renewed drop in the price of oil, a major export for Canada.

"The third quarter definitely had a little more to it than we would have expected just because of the child-care benefit checks and a couple of rebound things from the bad weather in Q1, Q2," Poloz said.

Asked if he is optimistic about Canada's economic recovery, Poloz said, "Cautiously so."

Poloz also spoke about the debate on whether the 2 percent inflation target should be raised to give the central bank greater room for maneuver. He said the updated view that the bank could take rates as low as minus 0.5 percent if needed "shifts the argument."

"It would be a high bar to change it and I think the learning that you can take interest rates lower than we thought before makes the bar higher," he said.

 

[mimi_ge]

尽管加元对美元跌到几年新低，央行也没干预的意思。
现在该明白加拿大政府想干什么了么？贬值加元，刺激出口，刺激留学，刺激旅游。
指望加元几年内恢复元气就算了吧。

你指望加币加息？被这帮浑身充满负能量的给带到沟里去了吧。
加币下跌主要是石油下跌造成的，很多因素，加息只是螳臂当车。
现在低利息，还能维持经济平稳运行，加息的话，除了加币涨个2-3点，经济就废了。
美国进口食品上涨了，汽油跌了，一般老百姓不是造样过日子。
“加拿大或成最大输家”，omg，想想都醉了。
加拿大一月或者降息again，2.0 我来了，每天都在笑。

 

[ottawa_it_blue_collar]

你指望加币加息？被这帮浑身充满负能量的给带到沟里去了吧。
加币下跌主要是石油下跌造成的，很多因素，加息只是螳臂当车。
现在低利息，还能维持经济平稳运行，加息的话，除了加币涨个2-3点，经济就废了。
美国进口食品上涨了，汽油跌了，一般老百姓不是造样过日子。
“加拿大或成最大输家”，omg，想想都醉了。
加拿大一月或者降息again，2.0 我来了，每天都在笑。

我欠银行钱，希望加拿大降息。
但是拿加元工资实在太不爽，准备赚美元去。不矛盾吧。