Balancing Act: Bank of Canada’s Macklem on Interest Rates Amid Global Economy
General Satinder Grewal 7 May
In a recent testimony before the House of Commons finance committee, Bank of Canada Governor Tiff Macklem emphasized that while Canadian interest rates don’t necessarily have to mirror those of the U.S. or global rates, they must remain within a certain range. Macklem stated, “Our interest rates in Canada don’t need to be the same […]
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