More interest rate hikes will be needed, says Tiff Macklem
In the text of a speech to the Halifax Chamber of Commerce, Macklem said Thursday that high inflation increasingly reflects domestic price pressures. The governor noted that while global events such as the pandemic and the Russian invasion of Ukraine fueled price increases, demand was outpacing supply overall in the Canadian economy. Mr. Macklem felt …
More interest rate hikes will be needed, says Tiff Macklem Read More »