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Bank of Canada’s Macklem Says Half-Point Rate Rise Will Be in Play in June Decision
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wsj.comOTTAWA—Bank of Canada Gov. Tiff Macklem said senior officials are likely to consider another half-percentage point increase in its main interest rate when they deliberate ahead of the central bank’s next policy decision on June 1.
In testimony Monday before Canadian lawmakers, Mr. Macklem offered a glimpse of just how aggressive central banks are prepared to be to cool inflation, which was already at elevated levels, then moved into higher gear after the war in Ukraine lifted prices for fuel, food and other commodities.
Read more on wsj.comAbout this in other media
Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets cryptonews.com /2 years ago
'Risky' fourth straight rate hike expected from Bank of England as inflation soars cnbc.com /2 years ago
BNP Paribas trading fees surge after investment bank expansion fnlondon.com /2 years ago
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