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Published 2 years ago

Bank of Canada’s Governor Tiff Macklem would like you to know that he doesn’t like inflation

Summary by Ground News
Bank of Canada Governor Tiff Macklem says interest rates will rise, and quickly. Mr. Macklem and his team decided not to raise the bank's key interest rate, which has been at 0.25 per cent since early in the COVID-19 pandemic. The bank raised its forecast for inflation on Wednesday.

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The Globe & MailThe Globe & Mail

Bank of Canada’s Governor Tiff Macklem would like you to know that he doesn’t like inflation

In the face of surging inflation, Macklem has spent two years promising to keep interest rates as low as they could go, but this week, he blinked

2 years ago·Canada
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Bank of CanadaBank of Canada
InflationInflation
Interest RatesInterest Rates
North AmericaNorth America
Ottawa, OntarioOttawa, Ontario
North American EconomyNorth American Economy
Canadian EconomyCanadian Economy
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