Could More Rate Hikes Be Coming? What Macklem’s Comments Could Mean for Canadian Investors

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The President of the Bank of Canada (BoC), Tiff Macklem, told the country's legislators that the monetary authority will act cautiously by promoting further increases in interest rates, due to the high degree of uncertainty in the commercial and geopolitical scenario. Last week, BoC raised its basic interest rate to 2.5%, the first increase in more than three years. Exclusive material for subscribers. To have full access, access the link of the …

teleborsa.it

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(Teleborsa) - The Governor of the Bank of Canada, Tiff Macklem, has told the legislators of the country that the leaders of monetary policies will proceed with caution in the implementation of further increases in the...