4.5 per cent likely to remain until Canada’s high inflation rate falls to its two per cent target
Key interest rate now stands at 4.5 per cent, highest it’s been in more than 15 years
Inflation rate peaked in the summer at 8.1 per cent and has been slowly decelerating since
72 per cent of consumers expect a recession in the months ahead
After peaking at 8.1 per cent in July, Canada’s inflation rate slowed to 6.9 per cent in October
Seventh consecutive hike in an effort to bring inflation down may be the last
Assets did not keep pace with interest charges on deposits at the bank
Tiff Macklem spoke at conference on diversity, equity Monday
Governor says opinions of politicians, interest groups not changing bank’s long-term plan
‘We need the economy to slow down to rebalance demand and supply’: Macklem
Conservative leadership front-runner Pierre Poilievre has been a loud critic of the Bank of Canada
