Interest rates at low end of ideal balance between growth and inflation: Macklem
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7 Articles
Between economic recovery and inflation control, interest rates cannot fall further, says the Governor of the Bank of Canada.
Interest Rates at Low End of Ideal Balance Between Growth and Inflation: Macklem
The head of the Bank of Canada says he thinks interest rates are at the lower end of where they can go as he tries to balance boosting the tariff-hit economy and keeping inflation in check. Speaking at a conference in Toronto, Governor Tiff Macklem says tariffs are a slower-moving pressure than some crises, but that they are likely to put pressure on prices over time. The inflation risk means that while Canada’s economy could use the boost of lo…
Interest rates at low end of ideal balance between growth and inflation: Macklem
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Tiff Macklem points out that tariffs are likely to affect long-term prices. The post Bank of Canada: Interest rates can hardly fall further, according to Tiff Macklem appeared first on Les Affaires.
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