Reduction in interest rates will vary from country to country, says Macklem - French Canada

The Canadian Press

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Reduction in interest rates will vary from country to country, says Macklem - French Canada

The Governor of the Bank of Canada, Tiff Macklem, said that central banks will make monetary policy decisions tailored to their own economies, which means that some countries may start lowering their interest rates before others. Mr. Macklem made these comments to reporters on the sidelines of the International Monetary Fund meetings in Washington on Friday. "We have all been firm in our commitment to restoring price stability, and we have accom…