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Bank of Canada’s Macklem on Future Rate Hikes, Inflation: Voices
Here are selected comments from Bank of Canada Governor Tiff Macklem’s press roundtable on Friday in Washington, where he was attending meetings of the International Monetary Fund. On future rate hikes: “The key things we’re looking at are how quickly or how slowly global supply chain global issues are resolved, and how quickly those global inflationary pressures start to ease off. We have seen some easing of global supply pressures, but certainly this week’s meetings had only reinforced just how much uncertainty there is.” “The second thing we’re looking at is the balance between demand and supply in ... (full story)