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BOC's Macklem: Further easing in inflation is likely to be slow and risks are high
We held policy steady because mon pol is working to cool the economy and relieve price pressuresWe continue to assess whether mon pol is sufficiently restrictiveIf inflationary pressures persist, we are prepared to raise our policy rate further to restore price stabilityI think the Canadian economy is headed for a sharp slowdown and recession next year, particularly if rates stay high through May. This article was written by Adam Button at www.forexlive.com...
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Posted: Oct 30 2023, 19:35
Author Name: forexlive
Views: 112440