Release of the Monetary Policy Report
25 January 2023 · 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 25 Jan 2023 · 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, at the press conference following the release of the Monetary Policy Report, Ottawa, Ontario, 25 January 2023.
Why it matters Canada raises rates to 4.5% and signals a conditional pause.
Problems raised Inflation remains high. Upside risks worry the Bank. Demand needs to slow. Solutions proposed Raise the policy rate to 4.5%. Pause further increases to assess. Expect inflation to fall this year. 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
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
