BoC Macklem: We signalled with unusual clarity a rising path for interest rates

<p>In a speech, BoC Governor Tiff Macklem said current inflation, close to 5%, is “too high”. But that is “not the result of generalized excess demand in the Canadian economy”. Inflation “largely reflects global supply problems, most of which stem from the pandemic”. As the pandemic recedes, “conditions around the world should normalize, taking pressure […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/429026-boc-macklem-we-signalled-with-unusual-clarity-a-rising-path-for-interest-rates/">BoC Macklem: We signalled with unusual clarity a rising path for interest rates</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>