Release of the Monetary Policy Report
12 April 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 12 Apr 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, 12 April 2023.
Why it matters Macklem holds at 4.5% while watching upside risks.
Problems raised Inflation remains well above target. Upside risks worry the Bank. Uncertainty about restrictiveness. Solutions proposed Hold the policy rate at 4.5%. Monitor inflation and risks. Be ready to raise rates. 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
