Dodge adviser says statements can be mis-read

An advisor to Bank of Canada governor David Dodge said on Wednesday 20 September that investors sometimes read too much into the statements announcing central bank interest-rate decisions, and may look for clues that aren't there.

"You try and include what are the important points, without trying to be comprehensive because often by trying to say more you may lead to a very confused, misunderstood statement," Bank of Canada Adviser John Murray told a meeting of economists Wednesday in Toronto.

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