-
Macklem: Rewired, recast and redirected: Global trade and implications for Canada
The last time a Bank of Canada governor spoke to the Canada-UK Chamber of Commerce it was 2018. My predecessor, Stephen Poloz, spoke to you about low global interest rates, the steady reduction of inflation risks and the successful conclusion of the North American trade negotiations. Brexit was in motion but not yet a reality. How the world has changed in just six years. The pandemic, Russia’s unprovoked invasion of Ukraine, and a global battle against inflation have altered the economic landscape. Concerns about national and economic security are changing trade, investment, and business decisions. Accelerating ... (full story)
-
BOC'S GOV. MACKLEM: THE COST OF GLOBAL GOODS MAY NOT FALL AS FAST AS GLOBALIZATION, AND THAT COULD PUT MORE UPWARD PRESSURE ON INFLATION.
— FinancialJuice (@financialjuice) September 10, 2024
-
BOC'S MACKLEM: SEEMINGLY VAST POTENTIAL OF DIGITALIZATION SUGGESTS FUTURE GROWTH IN TRADE WILL TILT TO SERVICES || CANADA NEEDS TO BUILD BETTER TRADE RELATIONSHIPS AND PRODUCE THE PRODUCTS PEOPLE WANT TO BUY
— First Squawk (@FirstSquawk) September 10, 2024
-
— PiQ (@PiQSuite) September 10, 2024
BOC'S MACKLEM:
**WE HAVE TO FOCUS ON RISK MANAGEMENT, BALANCING UPSIDE RISKS TO INFLATION WITH DOWNSIDE RISKS TO ECONOMIC GROWTH
**TRADE DISRUPTIONS MAY ALSO INCREASE THE VARIABILITY OF INFLATION
**COST OF GLOBAL GOODS MAY NOT FALL AS FAST AS GLOBALIZATION, AND THAT COULD…
- Comments
- Subscribe
-
- Older Stories
From financefeeds.com|Sep 10, 2024Digital Vega and CME Group have announced the launch of a new FX options block trading service, currently available for client testing. The leading FX Options e-trading platform ...
From bankofengland.co.uk|Sep 10, 2024I took over as the Bank’s Deputy Governor for Financial Stability just under a year ago. Today I’ll step back to offer some remarks on how we think about financial stability and ...
From xm.com|Sep 10, 2024|1 commentGBPUSD has lost its positive momentum after the pullback on the almost two-and-a-half-year high of 1.3265, trading within the restrictive support area of 1.3045-1.3085, which ...
-
- Newer Stories
From bankunderground.co.uk|Sep 10, 2024No country is an island – in terms of economics at least, if not geography. Trade and capital link all the economies of the world. Relative to GDP, the UK has more foreign assets ...
From @financialjuice|Sep 10, 2024|4 commentspost: BOC'S GOV. MACKLEM: BIGGER CUTS ARE POSSIBLE IF ECONOMY AND CPI IS WEAKER.
From youtube.com/bankofcanadaofficial|Sep 10, 2024Global trade from a Canadian perspective — Governor Tiff Macklem takes questions from reporters following his remarks (9:30 (ET) approx.)
- Story Stats
- Posted: Sep 10, 2024 8:11am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 4,911
- Linked event:
