Today news
About the same in other media
09.11 - 22:35
Bank of Canada to Adopt Meeting-by-Meeting Approach on Interest Rates
Reading now: 745
OTTAWA—Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening of financial conditions.
“We do expect that interest rates will need to go higher, to get inflation all the way back to the inflation target” of 2%, Mr. Macklem said during the “Policy Speaking” podcast of the Ottawa-based Public Policy Forum. “Exactly how much higher it has to go and for how long they need to stay higher, those are decisions that we’ll take at each meeting going forward.”
Read more on wsj.comAbout this in other media
Federal Reserve Chief Tells Markets to Focus on Interest-Rate Endpoint wsj.com /2 years ago
Federal Reserve Chief Tells Markets to Focus on Interest-Rate Endpoint wsj.com /2 years ago
Fed Meeting to Focus on Interest Rates’ Coming Path wsj.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
