BRIEF-Bank of Canada: neutral interest rate lower than thought previously
April 12 (Reuters) -
* Bank of Canada: we judge the neutral interest rate in canada is lower than we thought previously
* Bank of Canada: this implies while financial conditions are still very supportive of growth, they are somewhat less stimulative now than we judged in Jan
* Bank of Canada: welcomes recent strength in economic data, wants to see more of it in order to be more confident growth is on solid footing
* Bank of Canada: sees stronger household spending as upside risk to inflation in short-term, downside risk over longer term
* Bank of Canada: current pace of housing activity in greater toronto area unlikely to be sustainable, given fundamentals
* Bank of Canada: cannot reliably model possible outcomes of potential U.S. trade policies Further coverage: (Reporting By Leah Schnurr)