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Putting the resolute in resolutions - looking ahead to lower inflation

· Tiff Macklem, Governor of the Bank of Canada (Canada)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, banking regulation and supervision

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· Tiff Macklem Wiki · Bank of Canada WikiPutting the resolute in resolutions - looking ahead to lower inflation

ContextRemarks to the Business Council of British Columbia in Vancouver; the Bank of Canada keeps inflation low and stable and is raising rates to cut high inflation.

Why it mattersMacklem stays resolute on cutting inflation.

Problems raised
  1. Inflation remains high.
  2. Core inflation pressures persist.
  3. Businesses face challenges.
Solutions proposed
  1. Stay resolute on lowering inflation.
  2. Monitor core inflation.
  3. Engage with provinces.
Read full speech on bis.org ↗

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