Macklem, inflation
Macklem Pleased Inflation Back to Target, Wants More Core Easing
Bank of Canada Governor Tiff Macklem said he’s pleased inflation is back to the central bank’s 2% target but he wants to see more easing in core measures and shelter prices.Most Read from BloombergUnlocking the Hidden Power of Zoning,
Macklem says ‘we need to stick the landing’ as inflation falls to 2% target
Bank Of Canada Announces Third Consecutive Interest Rate Cut Bank of Canada governor Tiff Macklem discusses the central banks decision to lower its policy interest rate again. It marked the the third consecutive interest rate cut amid slowing inflation and weak economic activity.
Macklem says Bank of Canada needs to 'stick the landing' with inflation now at 2%
OTTAWA — Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around the target.
BoC needs to ‘stick the landing’ with inflation now at 2%: Macklem
Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to 2%, but the central bank now has to “stick the landing” and keep price growth centred around the target.
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Bank of Canada governor Macklem ‘concerned’ about renters as their credit card debt skyrockets
Macklem warned Tuesday that the share of mortgage-free Canadians with a credit card balance of at least 90 per cent of their ...
BoC’s Macklem signals more rate cuts are coming, but remains tightlipped on size and pace
The central bank has cut interest rates by a quarter-percentage point at three consecutive meetings since June, bringing the ...
Bank of Canada says it's reasonable to expect more rate cuts
OTTAWA, Sept 24 (Reuters) - Given the continued progress the Bank of Canada has made in bringing inflation back down to the 2 ...
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Bank of Canada Gov. Macklem Says Growth Needs to Accelerate to Maintain 2% Inflation
Tiff Macklem said Tuesday. Recent indicators suggest growth won’t be as strong as the central bank forecast, Macklem ...
Macklem Warns AI May Push Prices Higher Through Demand Boost
Bank of Canada Governor Tiff Macklem warned that artificial intelligence technologies may add to inflationary pressures as ...
Bank of Canada’s Tiff Macklem warns AI could destroy more jobs than it creates
Impact of the technology is unknown and it could have disruptive effects on the economy, the central banker said in a speech ...
USD/CAD drifts lower below 1.3550 as investors await BoC’s Macklem speech
USD/CAD weakens around 1.3530 in Tuesday’s early Asian session. Several Fed officials open the door to further large interest-rate cuts by the end of this year. Investors will closely watch the ...
Canadian dollar notches 4-week high on China stimulus measures
The Canadian dollar strengthened to nearly a four-week high against its U.S. counterpart on Tuesday as China's economic ...