Etiket: Macklem
House of Commons | MPs try to use Tiff Macklem to score political points
(Ottawa) Parliamentary committees have become increasingly polarized over the last two minority Liberal governments and have provided a venue for political theater outside the House of Commons. Posted at 8:32…
Interest rates in Canada and the United States | There’s a limit to big gaps, admits Tiff Macklem
(Ottawa) Bank of Canada Governor Tiff Macklem said Thursday that Canadian interest rates do not necessarily have to match U.S. or global rates, but that there is a limit to…
Interest rate reduction will vary from country to country, underlines Tiff Macklem
Bank of Canada Governor Tiff Macklem said central banks will make monetary policy decisions tailored to their own economies, meaning some countries could start cutting interest rates before others. Posted…
Rates ‘probably won’t return to 2010s thresholds, Macklem says
Interest rates will “probably not” go back as low as they were during the 2010s, warns Bank of Canada Governor Tiff Macklem. “We will see what happens with inflation, but…
Interest rates not to blame for housing crisis, Macklem argues
The governor of the Bank of Canada argues that the central bank cannot solve the housing crisis with interest rates, because it is primarily a problem of insufficient supply. Tiff…
Limiting study permits should curb rising rents, Macklem hopes
As debate rages over how to tackle the housing crisis, Bank of Canada Governor Tiff Macklem says Ottawa’s recently announced cap on international student enrollment should help dampen inflation in…
Bank of Canada Governor Tiff Macklem, triple economic personality of the year
Bank of Canada Governor Tiff Macklem has been closely involved in issues of inflation, interest rates and growth since 2022 and will be again next year. In 2023, he is…
Bank of Canada Governor Tiff Macklem, triple economic personality of the year
Bank of Canada Governor Tiff Macklem has been closely involved in issues of inflation, interest rates and growth since 2022 and will be again next year. In 2023, he is…
Interview with Tiff Macklem | Population growth complicates life for the Bank of Canada
Inflation has slowed and interest rate cuts are now possible. In a context of record population growth in Canada, what does 2024 have in store for us? The Governor of…
The year 2024 will probably be a year of “transition”, believes Tiff Macklem
Bank of Canada Governor Tiff Macklem expects 2024 to be a transition year as rising interest rates slow the economy, allowing inflation to moderate. In his final speech of the…
Tackling inflation timidly would be a “serious mistake,” says Bank of Canada Governor Tiff Macklem
Bank of Canada Governor Tiff Macklem has warned that it would be a big mistake to fight inflation half-heartedly and suffer the consequences. The governor was delivering a speech to…
Bank of Canada | Tackling inflation timidly would be a “serious mistake,” warns Macklem
(Saint John) Bank of Canada Governor Tiff Macklem has warned that it would be a serious mistake to fight inflation timidly and suffer the consequences. Posted at 1:15 p.m. The…
According to Governor Tiff Macklem | High government spending doesn’t help the Bank of Canada
(Ottawa) The federal government and the provinces must slow down the pace of their spending over the next year if they want to contribute to the fight against inflation that…
Bank of Canada will choose between patience or a rate hike, says Tiff Macklem
(Ottawa) Bank of Canada Governor Tiff Macklem said Friday the central bank will decide whether to be patient at its next monetary policy meeting or whether to raise interest rates…
Financial system must adjust to high interest rates, says Tiff Macklem
(Ottawa) Bank of Canada Governor Tiff Macklem says the financial system needs to adjust to higher interest rates, just like the rest of the economy. Posted at 5:10 p.m. Updated…
If inflation remains too high | Bank of Canada remains open to raising interest rates, says Tiff Macklem
(Ottawa) The Bank of Canada has the firm intention of bringing the inflation rate back to the 2% target within the next 12 months. If the horse medicine that has…
Bank of Canada: Mitigation of inflation will depend on business productivity, insists Macklem
The Governor of the Bank of Canada warns that interest rate hikes are coming, but that companies will also have to increase their productivity to help limit long-term price increases.…
Bank of Canada | Tiff Macklem targets business productivity to dampen inflation
(Ottawa) The governor of the Bank of Canada warns that interest rate hikes are coming, but that companies will also have to increase their productivity to help limit long-term price…
Indigenous peoples | Bank of Canada must create economic opportunities, says Macklem
(Ottawa) The Governor of the Bank of Canada believes the central bank must do more to create meaningful economic opportunities for Indigenous peoples in Canada. Posted on November 29, 2021…
Bank of Canada must reduce inequality, says Tiff Macklem
(Ottawa) The governor of the Bank of Canada made an argument for central bank actions during the pandemic, hours after the country’s opposition leader suggested the institution focus on its…