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USD/CAD Forecast: BOC’s Macklem Sees No Need for More Hikes

USD/CAD Forecast: BOC’s Macklem Sees No Need for More Hikes
Macklem said that no additional rate increases would be required if inflation fell. Jerome Powell stated it would take “quite a bit of time” to lower inflation. Macklem stated that it was too early to consider rate cuts. Today’s USD/CAD forecast is slightly bullish. Tiff Macklem, Bank of Canada governor, stated on Tuesday that no … Continued The post USD/CAD Forecast: BOC’s Macklem Sees No Need for More Hikes appeared first on Forex Crunch... Read More
Posted: Feb 8 2023, 09:15
Author Name: forexcrunch
Views: 102132

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