BOCs Macklem: Concerned that if not careful, the progress to price stability could stall

<ul><li>We are concerned if we are not careful, the progress to price stability could stall</li><li>If you get some upward surprises, inflation could even move back higher</li><li>There was clear consensus among governing Council members</li><li>There was not a big benefit of waiting to raise rates</li><li>In the banks forecast, there is path back to price stability while maintaining growth</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.