After a down year, ecosystem insiders offer caution and optimism. Though it maintained interest rates on January 24, the Bank of Canada signalled it is beginning to contemplate cuts. “What came through in the deliberations is that Governing Council’s discussion about future policy is shifting from whether monetary policy is restrictive enough to how long to maintain the current restrictive stance,” central bank governor Tiff Macklem said in his opening statement. Governor Macklem also noted that underlying inflationary pressures still persist despite higher interest rates pushing overall inflation down, and the central bank may have to raise rates if “new developments” push up prices. C
Hence then, the article about interest rates remain unchanged for now what does that mean for canadian tech in 2024 was published today ( ) and is available oncanadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024? )