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BoC Macklem: Higher interest rates are working to rebalance the economy

Started by PocketOption, Dec 13, 2022, 08:44 am

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PocketOption

BoC Macklem: Higher interest rates are working to rebalance the economy

BoC Governor Tiff Macklem said in a speech yesterday, “Higher interest rates are working to rebalance the economy. Domestic demand is slowing, and we expect growth in gross domestic product will be close to zero through to the middle of next year as the economy adjusts to higher interest rates. This will relieve domestic price […]


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