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Macklem: The path to price stability
Good afternoon. It’s a great pleasure to be back in Toronto for my final speech of the year. I want to thank the Canadian Club Toronto for the invitation and all of you for joining me today. I look forward to our discussion and to hearing from as many of you as possible. As the year ends, I can’t help but reflect on the year that was and think about the year ahead. We’ve come a long way toward restoring price stability. This was our second year of monetary policy tightening, and that work is paying off. The economy is no longer overheated, and that is relieving inflationary pressures. Inflation has come down ... (full story)
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BANK OF CANADA GOVERNOR TIFF MACKLEM SAYS 2% INFLATION TARGET IS NOW IN SIGHT; WE'RE NOT THERE YET BUT CONDITIONS INCREASINGLY APPEAR TO BE IN PLACE TO GET US THERE #News #Markets #US #CANADA #INFLATION #live
— Capital Hungry (@Capital_Hungry) December 15, 2023
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BOC'S MACKLEM: WE DON'T EXPECT NEXT FEW YEARS TO BE AS VOLATILE AS THE LAST FEW HAVE BEEN #News #Markets #BOC #live
— Capital Hungry (@Capital_Hungry) December 15, 2023
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BOC'S GOV. MACKLEM: IT'S STILL TOO EARLY TO CONSIDER CUTTING POLICY RATE, INFLATION HAS COME DOWN BUT IT'S STILL TOO HIGH.
— Breaking Market News (@financialjuice) December 15, 2023
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BOC'S GOV. MACKLEM: BANK OF CANADA TO CHANGE TIME OF RATE ANNOUNCEMENTS TO 9:45 AM ET FROM 10 AM, EFFECTIVE JAN 24, 2024; GOVERNOR AND SENIOR GOVERNOR WILL HENCEFORTH GIVE A PRESS CONFERENCE AFTER EVERY RATE ANNOUNCEMENT.
— Breaking Market News (@financialjuice) December 15, 2023