BOC's Macklem: Low growth, higher rates will impact the government budget

<p>Bank of Canada Governor Macklem spoke earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/bocs-macklem-further-easing-in-inflation-is-likely-to-be-slow-and-risks-are-high-20231030/" target="_self">BOC's Macklem: Further easing in inflation is likely to be slow and risks are high</a></li></ul><p>He's still dropping the odd comment:</p><ul><li>Low growth, higher rates will impact the government budget</li><li>Protecting Canada's very good fiscal position is important </li></ul><p>Senior Deputy Governor Rogers also:</p><ul><li>Governing Council has not started talking about interest rate cuts </li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.