Release of the Monetary Policy Report
13 July 2022 · Tiff Macklem , Governor of the Bank of Canada (Canada)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
TM 13 Jul 2022 · Tiff Macklem Wiki · Bank of Canada Wiki Release of the Monetary Policy Report Context Opening statement by Tiff Macklem, Governor of the Bank of Canada and Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, at the press conference following the release of the Monetary Policy Report, Ottawa, Ontario, 13 July 2022.
Why it matters Canada makes a full-point hike to front-load tightening.
Problems raised Demand exceeds supply. Inflation is high. Inflation expectations have risen. Solutions proposed Raise the rate by 100 basis points. Front-load tightening. Keep expectations consistent with 2%. Read full speech on bis.org ↗ More from Tiff Macklem · Bank of Canada · all speeches
More speeches by Tiff Macklem Other leaders on monetary policy and interest rates
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