Macklem: next inflation forecast may decide whether BoC raises rates
Bank of Canada Governor Tiff Macklem said a new quarterly inflation forecast due next month could tip whether the BoC needs to raise rates to contain price increases.
A new quarterly inflation forecast due next month will help determine whether the Bank of Canada needs to raise rates to restrain price gains, Gov. Tiff Macklem said. In remarks on Monday in a speech and a press conference, he said upside inflation risks…