March 5, 2020 / 6:49 PM / a month ago

BRIEF-Bank Of Canada Governor Stephen Poloz says language in Wednesday's statement not intended to be forward guidance

March 5 (Reuters) - Bank of Canada Governor Stephen Poloz says:

* WHAT WE OFFERED YESTERDAY WAS NOT INTENDED TO BE FORWARD GUIDANCE

* BANK IS TALKING ALMOST EVERY DAY TO ITS INTERNATIONAL COUNTERPARTS

* NEGATIVE INTEREST RATES ARE CONSIDERED AS PART OF THE BANK’S BROADER TOOL KIT

* NEGATIVE INTEREST RATES ARE AN EXTREME RESPONSE

* THERE IS A LOT OF STIMULUS FLOWING THROUGH THE SYSTEM TO PUT A CUSHION UNDER THE ECONOMY Source text for Eikon: Further company coverage: [ ] (Reporting by Kelsey Johnson)

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