-
Macklem: Monetary Policy Decision Press Conference Opening Statement
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement. Governing Council decided monetary policy no longer needs to be as restrictive and lowered the policy interest rate by 25 basis points to 4.75%. We’ve come a long way in the fight against inflation. And our confidence that inflation will continue to move closer to the 2% target has increased over recent months. The considerable progress we’ve made to restore price stability is welcome news for Canadians. Since our Monetary Policy Report in April, underlying inflation has continued to ease ... (full story)
-
BoC’s Macklem: Timing Of Further Cuts Depends On Data, Will Be Taking Decisions One Meeting At A Time
— LiveSquawk (@LiveSquawk) June 5, 2024
*MACKLEM: PATH OF INTEREST RATES LIKELY TO BE GRADUAL-
— Cable FX Macro (@cablefxmacro) June 5, 2024
*MACKLEM: DON'T NEED TO MOVE IN LOCKSTEP WITH FEDERAL RESERVE
-
BoC’s Macklem: There Are Limits To How Far BoC Can Diverge From Fed; Currently Not Close To Limits
— LiveSquawk (@LiveSquawk) June 5, 2024
- Comments
- Subscribe
-
- Older Stories
From bankofcanada.ca|Jun 5, 2024Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers answer reporters’ questions following the policy rate decision.
From youtube.com/markets|Jun 5, 2024Pimco Global Economic Advisor Richard Clarida says inflation has been "too damn high for three years." He says the Federal Reserve has the ability to be patient now and not raise ...
From prnewswire.com|Jun 5, 2024|20 commentsEconomic activity in the services sector grew in May after contracting in April for the first time since December 2022, say the nation's purchasing and supply executives in the ...
-
- Newer Stories
From streetinsider.com|Jun 5, 2024U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending May 31, 2024, which was 61 thousand barrels per day more than the previous week’s ...
From bnnbloomberg.ca|Jun 5, 2024South African assets were among the world’s worst performers on Wednesday, after the African National Congress said it’s considering a government comprising several parties, ...
From bnnbloomberg.ca|Jun 5, 2024The US services sector expanded in May by the most in nine months, powered by the largest monthly gain in a measure of business activity since 2021. The Institute for Supply ...
- Story Stats
- Posted: Jun 5, 2024 10:32am
- Submitted by:Category: High Impact Breaking NewsComments: 0 / Views: 4,256
- Linked event:
