Release of the Monetary Policy Report
24 July 2024 · 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 24 Jul 2024 · 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 monetary policy decision, Ottawa, Ontario, 24 July 2024.
Why it matters The Bank of Canada cuts to 4.5% as excess supply pulls inflation down.
Problems raised Excess supply pulls inflation down. Shelter and services keep it up. Risks become balanced. Solutions proposed Cut the rate to 4.5%. Balance upside and downside risks. Watch shelter and services. 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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