BOC Macklem: Canda interest rates may be high enough ...Middle East

Bank of Canada's Macklem is speaking and says:Canada interest rates may now be restrictive enough.Excess demand that made it too easy to raise prices is now gone.Reiterates that if high inflation persists, the Bank of Canada is prepared to raise its policy rate further.The Canadian economy is approaching balance, we expect it to remain weak for the next few quarters, which means more downward pressure on inflation.Inflation in Canada is still too high and progress cutting it is slower than we had hoped.Expectations for near-term inflation have been slow to come down and this is a concernLong-term inflation and to have remained well-anchoredThe USDCAD is dipping back below it 200-day moving a

Read More Details
Finally We wish PressBee provided you with enough information of ( BOC Macklem: Canda interest rates may be high enough )

Also on site :

• Help! My Wife and Her Siblings Just Took Ancestry DNA Tests. All Hell’s Broken Loose.
• Paul Simon’s Daughter Condemns Richard Gere for Selling Childhood Home
• Sadhguru Pinpoints America's Drinking Water Problems