BoC Press Conference w/ Gov. Macklem
BoC Press Conference w/ Gov. Macklem
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Bank of Canada's Governor Says Its Base Case Is for Inflation to "Gradually Ease"
() -- The Bank of Canada's Governor Tiff Macklem on Wednesday said the central bank's base case is that inflation will gradually ease, but it's ready to hike rates if high energy prices pass through to other sectors. The BoC is "ready" to hike rates, even in consecutive moves, if the inflation situation requires it, th
MUFG Sees Limited Upside for Canadian Dollar Ahead of BoC Decision
() -- The Canadian dollar's upside is likely to be limited as the Bank of Canada is seen maintaining a cautious policy stance on Wednesday amid a mixed economic outlook and easing inflation pressures, according to MUFG Bank. With markets pricing nearly 20 basis points of tightening by year-end, cautious BoC messaging t
BoC Press Conference w/ Gov. Macklem
BoC Press Conference w/ Gov. Macklem
Bank of Canada's Macklem Set to Strike Cautious Monetary Policy Tone, Nomura Says
() -- Bank of Canada Governor Tiff Macklem is expected to strike a cautious tone at Wednesday's policy meeting, weighing persistent risks to growth against potential upside to inflation, according to Nomura Global Markets Research. "That dilemma persists, and the overall outlook has not changed materially" since June's