TORONTO, Dec 14 (Reuters) - Below are some key quotes from a news conference by Bank of Canada Governor Stephen Poloz following a year-end speech in which he said the central bank is growing increasingly confident that the economy will need less stimulus over time.
POLOZ ON RECENT HIGHER WAGE DATA
"We put stock in all those data, but that doesn't mean there's no slack left in the market. It's just that wages may be showing the early signs of picking up. In particular, when aggregate wages are going up, they may only be going up in sectors that are tight, leaving lots of excess supply elsewhere in the labor market."
"Wages, despite the fact that they have upticked, are still well below their typical level at this stage of the business cycle, so we know there is slack underneath there." (Reporting by Alastair Sharp, Matt Scuffham and Nichola Saminather; Compiled by Jim Finkle)