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  • BoC’s Macklem: There Was ‘Broad Consensus’ at IMF/World Bank Meetings That Inflation Is Most Immediate Threat to ‘Current and Future

    BoC’s Macklem:
    - There Was ‘Broad Consensus’ at IMF/World Bank Meetings That Inflation Is Most Immediate Threat to ‘Current and Future Prosperity’
    - ‘There Was a Clear Resolve to Restore Price Stability’

    — *seven (@sevenloI) October 14, 2022
Added at 4:02pm
  • BoC’s Macklem:
    - Whatever September CPI Shows, Economy Will Still Be in Excess Demand, Labor Markets Tight and Inflation Too High
    - We Will Be ‘Watching Closely’ U.S. Economy, Inflation and Rates and ‘Factoring That in As We Take Decisions in Canada’

    — *seven (@sevenloI) October 14, 2022
Added at 4:02pm
  • BoC’s Macklem:
    - Noting Recent Canadian Dollar Depreciation Against U.S. Dollar, Says if It Persists ‘We’re Going Have More Work to Do on Interest Rates’
    - Tightening Global Financial Conditions Still ‘Orderly’
    - Reiterates Canada Interest Rates Need to Head Higher

    — *seven (@sevenloI) October 14, 2022
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  • Story Stats
  • Posted: Oct 14, 2022 4:01pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 1,404
  • Linked events:
    CAD BOC Gov Macklem Speaks
    All IMF Meetings
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