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Macklem: This is a conditional pause, dependent on economy developing as forecast
- Economic growth and spending in H2 were stronger than forecast
- Economy didn't cool as much as expected in H2
- Lower gasoline prices are welcome but prices of essentials continue to rise too quickly
- If we need to do more to get inflation to 2% target, we will
- The full effect of rate hikes is still to be felt
- Overall we view the risks to inflation as balanced
There haven't been any surprises so far. The conditional commitment to holding ra... Read More
Posted: Jan 25 2023, 16:10
Author Name: forexlive
Views: 111584