- BoC’s Macklem: BoC considered need for rates to stay higher longer to return inflation to 2% target
Market news
18 April 2023
BoC’s Macklem: BoC considered need for rates to stay higher longer to return inflation to 2% target
The Bank of Canada´s Governor Tiff Macklem said in an opening statement before the House of Commons Standing Committee on Finance that the central bank considered the need for rates to stay higher longer to return inflation to 2% target.
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