U.S. Federal Reserve: Stephen Poloz

Stephen Poloz: I would say I'm most worried about inflation and how it's underperforming all of our models," Poloz said in an interview aired Tuesday on CBC's The Lang and O'Leary Exchange, according to Huffington Post. Poloz said he expects long-term interest rates to rise in response to tapering by the U.S. Federal Reserve and TORONTO - Bank of Canada governor Stephen Poloz has cited "underperforming" inflation and a slow rebound in exports among his major concerns for the economy. "It's a difficult one to explain right now and that always makes you worried, said Poloz, who added that the prospect of deflation in Canada was "very unlikely" but something the bank was watching since inflation has remained so much below its target of two per cent. (www.immigrantscanada.com). As reported in the news.