Opening statement before the Standing Senate Committee on Banking, Trade and Commerce
27 April 2022 · Tiff Macklem , Governor of the Bank of Canada (Canada)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , trade, fragmentation and geopolitics
TM 27 Apr 2022 · Tiff Macklem Wiki · Bank of Canada Wiki Opening statement before the Standing Senate Committee on Banking, Trade and Commerce Context Opening statement by Tiff Macklem, Governor of the Bank of Canada, before the Standing Senate Committee on Banking, Trade and Commerce, Ottawa, Ontario, 27 April 2022.
Why it matters Macklem explains to senators why rates must rise to anchor expectations.
Problems raised Russia's invasion raises oil prices. Supply chains are clogged. Inflation expectations must stay anchored. Solutions proposed Raise rates to anchor expectations. Explain policy to the Senate. Expect inflation to ease as pressures abate. Read full speech on bis.org ↗ More from Tiff Macklem · Bank of Canada · all speeches
More speeches by Tiff Macklem Other leaders on inflation and price stability
Dark Majestic is independent and is not affiliated with any of the institutions or people listed. Summaries are our own reading of public speeches; they are not official texts and not investment advice. Each speech opens on the official website of the institution that published it; no speech text is reproduced here.
Methodology · All speeches · Legal notice
© 2026 Dark Majestic
