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Live News CENTRAL_BANK ARTICLE M impact

Macklem says BoC will weigh energy prices and trade uncertainty

Bank of Canada governor Tiff Macklem said rate policy will be guided by how firms and households respond to elevated energy prices and a return to heightened trade uncertainty.

By Paul Vieira OTTAWA--Bank of Canada rate policy will be shaped by how firms and households react to the mix of elevated energy prices and a return to heightened trade uncertainty, Governor Tiff Macklem said. Macklem said central bank officials are ready to adjust policy as needed.