Bank of Canada’s Macklem flags risk of delaying rate hike too long
Bank of Canada Governor Tiff Macklem said policymakers don’t want to be late to hike interest rates should inflationary pressures prove to be stubborn.
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Bank of Canada Governor Tiff Macklem said policymakers don’t want to be late to hike interest rates should inflationary pressures prove to be stubborn.
The opening statement from MacklemGood morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy decision.Since our last decisio...
Bank of Canada Governor Tiff Macklem said he’s seeing more evidence that higher oil prices are supporting economic growth in Canada, and expects the bank will have a higher inflati...
Comments from Bank of Canada Governor Tiff Macklem cross the wires: If new US tariffs remain in place, Q4 growth could be roughly halved to below 1% If oil prices stay near $100 a...
The Bank of Canada held interest rates steady for a seventh consecutive meeting as an escalation in the trade war with the U.S. threatens growth and creates the risk of new inflati...
Bank of Canada governor says domestic data will drive rate decisions
Comments from Bank of Canada Governor Tiff Macklem cross the wires: It could take some time for higher fuel margins to normalize; that is a worry That is a worry because that will...
Comments from Bank of Canada Governor Tiff Macklem cross the wires: It could take some time for higher fuel margins to normalize; that is a worry That is a worry because that will...
Central bank governor said the U.S. and Canadian economies have key differences which will lead to different interest rate decisions
Macklem wants a sharper read on which inflation pressures last and which fade
The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the U.S. threatens the economic recovery while adding to inflation risks.
In a speech in Halifax today, Tiff Macklem said the trade war and Iran conflict could derail economic recovery
Bank of Canada governor spoke to reporters from the IMF meeting in Bangkok
BeiChen Lin was surprised by Governor Macklem’s focus on inflation over growth, argues we still shouldn’t see a hike this year
The Bank of Canada is likely to raise interest rates at its next two meetings as the Middle East conflict creates the risk of broader price pressures, a senior macro strategist at...
More economists and traders expect the Bank of Canada to hike interest rates next week after the central bank’s latest surveys showed inflation expectations rising.
The BOC is expected to hold rates at 2.25%, but with oil above $86, Governor Macklem’s press conference may matter as much as the initial statement.
The Bank of Canada’s second in command said the central bank is limited in what it can do to address home prices, arguing that the housing market should remain an input and not a t...
Prima will be used for the first time as the central bank's primary forecast model for the next Monetary Policy Report
The Bank of Canada kept rates unchanged. Below is the full statement from the central bank. The press conference with Tiff Macklem will begin at 10:30 AM ET. Full Statement from...
The Bank of Canada’s governing council warned that it may need to hike interest rates, saying the longer gasoline prices remain elevated, the more likely that would pass through to...
The shakeup lands two weeks before Carney's first investment summit
Sixth decision of the year follows price volatility, trade uncertainty, and economic growth
The Canadian economy is booming and inflation remains lofty, according to the central bank. The Bank of Canada (BoC) held its key policy rate this morning, matching market expectat...
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