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0.000480653689017138 -0.000480653689016968 -0.000240326844508484 0.000240326844508655 0.000240326844508655 0.00144196106705124 -0.000480653689016968 -0.00264359528959383
Stock impact report

Whether Wilkins, Macklem or a dark horse, next Bank of Canada chief can make own mark [Reuters]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Reuters
Whether Wilkins, Macklem or a dark horse, next Bank of Canada chief can make own mark TORONTO (Reuters) - The next governor of the Bank of Canada has room to make an immediate impact on monetary policy, economists say, as the central bank’s response to the coronavirus crisis likely shifts from financial market support to boosting economic recovery. With the start of the new governor’s seven-year tenure on June 3, the appointment is likely to come very soon. The bank’s board of directors oversees the selection process, but the finance minister and the prime minister have the final say. Current Bank of Canada Governor Stephen Poloz has had his hands full since March rolling out programs to alleviate financial market stress. But as market strains ease and some provinces make plans to loosen social distancing restrictions, the central bank could pivot to managing rates from managing liquidity. While some have speculated that Poloz’s tenure could be extended amid the coronavirus outbreak, Show less Read more
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