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Macklem
Bank of Canada Holds Key Interest Rate at 5%, Downgrades Economic Outlook
The Bank of Canada held its policy interest rate at 5 percent and downgraded its growth forecast for the economy on Oct. 25.
October 25, 2023
BY
Rahul Vaidyanath
Bank of Canada Expects Canada to Avoid Recession, Some Economists Skeptical
News Analysis OTTAWA—Now is the time when the full effect of the Bank of Canada’s earliest interest rate ...
April 12, 2023
BY
Rahul Vaidyanath
Bank of Canada’s Macklem Says He Is ‘Not Even Thinking’ of Cutting Rates
Bank of Canada Governor Tiff Macklem on Wednesday said he was focused on whether interest rates would need ...
January 26, 2023
BY
Reuters
Bank of Canada Announces Pause in Rate Increases Following 0.25-Point Hike
The Bank of Canada stated that it will take a pause from raising interest rates after its quarter-point ...
January 25, 2023
BY
Rahul Vaidyanath
Climate Initiatives Pose Difficult Problem for Central Banks Given Long-Term Nature
Central banks have their eye on climate change developments but are unequivocal in their understanding that it falls ...
January 19, 2023
BY
Rahul Vaidyanath
Bank of Canada ‘Prepared to Act More Forcefully’ to Fight Inflation Amid Mounting Criticism
News Analysis OTTAWA—The Canadian economy is in the midst of a rapidly rising interest-rate environment. The Bank of ...
June 1, 2022
BY
Rahul Vaidyanath
Feds, Bank of Canada Agree to More Flexibility in Fighting Inflation
The renewal of the Bank of Canada’s mandate, stating that policy decisions will now also emphasize “maximum sustainable ...
December 15, 2021
BY
Rahul Vaidyanath
Inflation Tests Central Banks’ Resolve, Credibility
Central banks are under pressure to fight mounting inflation that’s looking less transitory than what they initially suggested.
October 27, 2021
BY
Rahul Vaidyanath
Rising Canadian Dollar a Headwind for Economic Rebound
The Canadian dollar’s strength is acting as a headwind for the country’s economic recovery, but its rally isn’t ...
January 27, 2021
BY
Rahul Vaidyanath
Macklem Says Central Bank Speak Needs to Be Simple to Maintain Public Trust
OTTAWA—The head of the Bank of Canada made an international pitch to his fellow central bankers on Thursday ...
August 27, 2020
BY
The Canadian Press
Tiff Macklem Named Next Bank of Canada Governor
OTTAWA—Tiff Macklem, a former second-in-command at the Bank of Canada, is coming back to the central bank to ...
May 1, 2020
BY
The Canadian Press
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