Beaudry says Macklem’s hawkish inflation tone suggests October BoC hike
Former Bank of Canada policymaker Paul Beaudry says Gov. Tiff Macklem’s hawkish inflation tone caught him offguard and “certainly seems like” a rate increase is possible at the BoC’s October decision.
Former senior Bank of Canada policymaker Paul Beaudry said Gov. Tiff Macklem’s hawkish tone on inflation this week caught him off guard. Beaudry said Macklem’s comments made it seem like a rate increase is possible at the BoC’s October decision. Macklem was described as being “very much saying th…”.