Good money and your central bank
· 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, payments, digital money and crypto-assets, climate, energy and nature
TM · Tiff Macklem Wiki · Bank of Canada WikiGood money and your central bankContextYear-end speech by the Governor of the Bank of Canada to the Chamber of Commerce of Metropolitan Montreal.
Why it mattersThe Bank of Canada Governor announces a 2026 review of how it uses flexible inflation targeting.
Problems raised- AI, climate, trade and geopolitics make economies more shock-prone.
- US tariffs hit steel, aluminium, autos and lumber.
- Uncertainty weighs on investment.
Solutions proposed- Review how flexible inflation targeting is used.
- Renew the monetary policy framework in 2026.
- Keep inflation low and stable in a shock-prone world.
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
