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Summary of Governing Council deliberations: Fixed announcement date of December 6, 2023
This summary reflects discussions and deliberations by members of Governing Council in stage three of the Bank’s monetary policy decision-making process. This stage takes place after members have received all staff briefings and recommendations. Governing Council’s policy decision-making meetings began on Friday, December 1 and continued on December 4 and 5. The Governor presided over these meetings. Members in attendance were Governor Tiff Macklem, Senior Deputy Governor Carolyn Rogers and Deputy Governors Toni Gravelle, Sharon Kozicki, Nicolas Vincent and Rhys Mendes. Governing Council members began their ... (full story)
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BOC SAYS HIKES MAY STILL BE NEEDED TO RESTORE PRICE STABILITY
— First Squawk (@FirstSquawk) December 20, 2023
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BANK OF CANADA SEES INCREASED CHANCE RATES NOW HIGH ENOUGH
— First Squawk (@FirstSquawk) December 20, 2023
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BoC Summary Of Deliberations: Members Agree Risks To Inflation Outlook Remain
— LiveSquawk (@LiveSquawk) December 20, 2023
- Sees Increased Chance Rates Now High Enough
- Wage Growth Of 4% - 5% 'Not Consistent' With Reaching 2% Target
- Data Indicated Rate Policy Working To Slow Activity, Ease Price Pressures
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- Posted: Dec 20, 2023 1:31pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 3,513
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