More from Bank of Canada's Macklem: Latest CPI number was certainly encouraging

<figure data-media-><img src="https://images.forexlive.com/images/Macklem%20October%2025_id_c572bf34-0849-4358-868d-4461a296ca3f_size900.jpg" alt="Macklem October 25" width="1108" height="643" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/Macklem%20October%2025_id_c572bf34-0849-4358-868d-4461a296ca3f_size900.jpg" /></figure><p>Bank of Canada's Macklem:</p><ul><li>The latest CPI number was certainly encouraging</li><li>Good news for Canadian citizens</li><li>Right now is not time to be thinking about cutting rates</li><li>We do not have to wait until inflation is back to 2% before we cut interest rates, but we do need to wait until it's clear that we are on that path to hitting 2%<br></li><br></ul>

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