BoC Poloz: Interest rates to reduce financial stability last line of defense

FXStreet (Bali) - Further headlines from BoC Governor Poloz are crossing the wires - via Reuters - , noting that "Poloz has been concerned about household imbalances for a long time, making Canada more vulnerable to external shocks", with the policy makert adding that "using interest rates to reduce financial stability risks can work, but should be the last line of defense." Earlier headlines can be found here.