Macklem

Macklem Says Trump Tariffs Cloud Outlook, Urges G-7 Cooperation

Breadcrumb linksBMN BusinessBank of Canada Governor Tiff Macklem said Donald Trump's trade threats make the world a more uncertain place, urging developed countries to work together to strengthen economic security.Article writer:Bloomberg…

BOCs Macklem: Bank targets overall CPI inflation, but cannot ignore shelter costs

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

Bank of Canada Governor Macklem speech on Monday 5 February 2024, & news conference after

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ICYMI – BoC Gov Macklem warns CAD budget fiscal spend could slow reaching inflation target

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Bank of Canada Governor Macklem appeared in parliament on Thursday, addressing questions from a House of Commons committeMacklem was blunt with the big spenders (pps. this is not a political criticism, all parliamentarians are the…

BOC Macklem: The 2% inflation target is now in sight

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The Bank of Canada's Macklem is on the wire saying:The time of rate announcements by the Bank of Canada will change to 9:45 AM ET from 10 AM, effective Jan 24, 2024; a press conference will follow every rate announcement.Rate announcements…

Macklem: Data since last decision increasingly pointing to progress

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BOC Macklem: Canda interest rates may be high enough

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Bank of Canada's Macklem is speaking and says:Canada interest rates may now be restrictive enough.Excess demand that made it too easy to raise prices is now gone.Reiterates that if high inflation persists, the Bank of Canada is prepared to…

Bank of Canada’s Macklem: Our forecast has inflation moving around 3% most of next year

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Macklem's comments from BOC in the Globe and Mail articleInflation will be around 3% in the futureI was surprised by the continued strength of demand in the economy and the persistence of underlying inflationary pressuresLabor markets have…

Bank of Canada’s Macklem says inflation coming down despite April gain By Reuters

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© Reuters. Bank of Canada Governor Tiff Macklem takes part in a press conference after announcing the interest rate decision in Ottawa, Ontario, Canada on April 12, 2023. REUTERS/Blair Gable Written by Steve Shearer and David Lungren…