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BoC Macklem not fulling out a 50bps hike if needed

Started by PocketOption, Mar 04, 2022, 08:29 am

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PocketOption

BoC Macklem not fulling out a 50bps hike if needed

BoC Governor Tiff Macklem said in a speech yesterday, “tighter monetary policy is necessary to lower the parts of inflation that are driven by domestic demand. And that is critical to bringing price increases back in line with our 2% inflation target.” BoC will also be considering when to move to quantitative tightening, or QT. “The […]


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