Bank of Canada Keeps Interest Rate Steady, Signals Rate Hikes Unlikely

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Bank Of Canada,Interest Rate,Tiff Macklem

Bank of Canada Governor Tiff Macklem keeps benchmark interest rate at five per cent, but signals rate hikes are unlikely due to a slowing economy. Macklem says more assurance is needed that inflation is decreasing before considering easing monetary policy.

Bank of Canada Governor Tiff Macklem keeps benchmark interest rate at five per cent, but signals rate hikes are unlikely due to a slowing economy. Macklem says more assurance is needed that inflation is decreasing before considering easing monetary policy .

Source: Financial Digest (financialdigest.net)

Bank Of Canada Interest Rate Tiff Macklem Inflation Monetary Policy Economy

 

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