Interest Rates May Need to Remain High ‘For Longer’ to Tame Inflation Bank of Canada Governor
over 2 years in theepochtimes
Bank of Canada (BoC) Governor Tiff Macklem says interest rates may need to stay higher “for longer” in order to return inflation to its 2 percent target. “When the [BoC’s] governing council met last week, we discussed whether we’ve raised rates enough, and we considered the likelihood that the policy rate may need to remain […]
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