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More from BOC's Macklem - says again it'd be extremely unusual to hike by more than 50bp

Started by forex4you, Apr 28, 2022, 06:01 am

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More from BOC's Macklem -  says again it'd be extremely unusual to hike by more than 50bp

Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers are appearing before the Senate Standing Committee on Banking, Trade and Commerce.
Macklem: reiterates that it'd be extremely unusual to hike by more than 50bp in one movesays Bank may have to raise rates above neutral, to a bit above 2% ro 3%Earlier:


    Bank Of Canada Governor Macklem says again that higher interest rates are needed


So far lots of reiterating from Mac - that is, not anything new. 

Source: More from BOC's Macklem -  says again it'd be extremely unusual to hike by more than 50bp

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