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BoC Macklem: Getting inflation down to 2% would be more difficult
BoC Governor Tiff Macklem has reiterated the central bank’s commitment to restore price stability, stating that it is prepared to raise rates further if inflation remains materially above the 2% target. Macklem explained in a speech, “We expect [inflation] will hit 3% this summer, even as the economy continues to grow modestly.” Although encouraged by […] The post BoC Macklem: Getting inflation down to 2% would be more difficult appeared first on Action Forex...
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Posted: May 5 2023, 03:56
Author Name: actionforex
Views: 0818100