· Tiff Macklem Wiki · Bank of Canada WikiPutting the resolute in resolutions - looking ahead to lower inflation
Read full speech on bis.org ↗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
- Inflation remains high.
- Core inflation pressures persist.
- Businesses face challenges.
Solutions proposed
- Stay resolute on lowering inflation.
- Monitor core inflation.
- Engage with provinces.