Bank of Canada needs ‘assurance’ of 2% inflation path before cutting rates: Macklem

Bank of Canada Governor Tiff Macklem said the Bank of Canada will only start entertaining interest rate cuts once it has “assurance” that inflation is trending back towards its 2% target. 

Bank of Canada Governor Tiff Macklem said the Bank of Canada will only start entertaining interest rate cuts once it has “assurance” that inflation is trending back towards its 2% target.  Mortgage Rates & Mortgage Broker News in Canada 

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