Bank of Canada Governor Macklem expects to evidence that inflation is falling by spring<p>Bank of Canada Governor Macklem spoke earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/bocs-macklem-interest-rate-hikes-have-begun-to-work-but-will-take-time-to-feed-through-20221212/" rel="follow" target="_self" class="article-link vertical-align-baseline">BOCs Macklem: interest rate hikes have begun to work, but will take time to feed through</a></li></ul><p>more now:</p><ul><li>says should see much clearer evidence next spring that inflation is moving down </li><li>we are beginning to see some improvements in the balance in the labor market</li></ul><p>For central bankers right now 'improvement' in the labour market means job losses and lower wages. They are not on your side., </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Bank of Canada Governor Macklem expects to evidence that inflation is falling by spring (https://www.forexlive.com/centralbank/bank-of-canada-governor-macklem-expects-to-evidence-that-inflation-is-falling-by-spring-20221212/https://www.forexlive.com/centralbank/bank-of-canada-governor-macklem-expects-to-evidence-that-inflation-is-falling-by-spring-20221212/)
forexlive.com