Bank of Canada Governor Macklem: There was a clear consensus to cut by 25 basis points ...Middle East

There was a clear sense the balance of risks had changedThe inflation picture hasn't really changedEarly in the year we saw some upward momentum in core inflation but that momentum has come offThere are still some mixed signals in inflationWe're not being as forward-looking as normalAt this point, inflationary pressures look a bit more containedA weakening economy will put additional downward pressure on inflationTariffs are weakening the Canadian economy, you can see that acutely in related sectorsWe will be looking at exports and how businesses deal with higher costsWe will be looking at the balance of risks in October

Rogers:

We are not contemplating any change in the deposit rate nowWe have a variety of tools we can use before the deposit rate This article was written by Adam Button at investinglive.com.

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