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Monetary Policy Report Press Conference Opening Statement
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and our Monetary Policy Report. Today, we maintained our policy interest rate at 5%. We are also continuing our policy of quantitative tightening. We have three main messages this morning. First, monetary policy is working. Total consumer price index (CPI) and core inflation have eased further in recent months, and we expect inflation to continue to move closer to the 2% target this year. Second, growth in the economy looks to be picking up. We expect GDP growth to be solid this year and to ... (full story)
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BANK OF CANADA GOVERNOR TIFF MACKLEM SAYS JUNE RATE CUT POSSIBLE@MtlExchange
— First Squawk (@FirstSquawk) April 10, 2024
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— FinancialJuice (@financialjuice) April 10, 2024
BOC'S GOV. MACKLEM: HIGHER NEUTRAL RATE DOESN'T IMPACT 'NEAR-TERM' POLICY.
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Macklem: We did discuss when to cut rates, there was a 'clear consensus' to hold pic.twitter.com/VRcDdHwL0A
— ForexLive (@ForexLive) April 10, 2024
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From youtube.com/bankofcanadaofficial|Apr 10, 2024Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers answer reporters’ questions following the policy rate decision and the release of the Monetary Policy Report.
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- Posted: Apr 10, 2024 10:35am
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