Bank of Canada might still need to raise rates if inflation goes higher, Macklem says

Bank of Canada might still need to raise rates if inflation goes higher, Macklem says

Upworthy

Published

Bank of Canada’s Governor Tiff Macklem reiterated on Thursday that new developments could push inflation higher and that would mean the central bank might still need to raise interest rates. “If new developments push inflation higher, we may still need to raise rates,” said Macklem in his address…

#bankofcanadas #tiffmacklem #houseofcommons

Full Article