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BOC's Kozicki: We are moving from how much to raise rates on whether to raise rates

BOC's Kozicki: We are moving from how much to raise rates on whether to raise rates
  • BOC decisions will be more data-dependent
  • We are moving from how much to raise rates to whether to raise rates
  • Governing Council agreed that economy still needs a more-sustained moderation of demand
  • Inflation remains too high, will take some time to return to 2%
  • If we are surprised on the upside, we are still prepared to be forceful
  • We recognize that we have raised rates rapidly and effects are working their way through
  • We are seeing some s... Read More
Posted: Dec 8 2022, 17:31
Author Name: forexlive
Views: 102234

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