Business2 sources
Bank of Canada Governor on Fiscal Policy and Rate Increases
- Bank of Canada Governor Tiff Macklem commented on fiscal policy's impact on inflation.
- Prime Minister Mark Carney's fiscal plans are not yet complicating inflation control, according to Macklem.
- Macklem pledged to proceed cautiously with further rate increases.
- The Bank of Canada aims to maintain control over inflation while considering economic conditions.
- The statements were made in response to current economic assessments and future planning.
Articles (4)
Bloomberg·
Carney, Bank of Canada Renew Framework to Focus on 2% Inflation Target
Bloomberg·
Bank of Canada Says Fiscal Policy Isn’t Stoking Inflation Yet
Bloomberg·
Bank of Canada Says Fiscal and Monetary Policy Aren’t at Odds
The Wall Street Journal·
Bank of Canada Gov. Macklem Pledges to Proceed Carefully on Further Rate Increases