IMHO, Poloz doesn't have a clue what he's doing. He just seems to think he should raise or lower interest rates, more or less at random, every once and a while to justify his existence. This is what happens when someone with no real world business experience is put in a position like his. The officials running our country will not be content until we're all broke. Of course, they will all still have their outlandish pensions paid for by the rest of us.