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 says Gov.
Tiff Macklem's hawkish tone this week on inflation caught him offguard.
He says based on Macklem's inflation worries, "it certainly seems like" a rate increase is possible at the BOC's October decision.
Macklem was "very much saying th…