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Tiff Macklem

  • Canadians Will Have to Wait a Bit Longer for Interest Rate Drop: Bank of Canada Governor
    Canadians Will Have to Wait a Bit Longer for Interest Rate Drop: Bank of Canada Governor
    Canadians will have to wait for interest rates to come down, despite the country heading in the right direction in the battle against inflation, according to Bank of Canada Governor ...
    May 1, 2024BY Doug Lett
  • ANALYSIS: Bank of Canada Mum on Measure of Full Employment Amid Weakening Job Market
    ANALYSIS: Bank of Canada Mum on Measure of Full Employment Amid Weakening Job Market
    The BoC’s primary goal is to return inflation to 2 percent but it also has to support maximum ...
    March 7, 2024BY Rahul Vaidyanath
  • Central Bank Governor Admits Errors Were Made Fighting Inflation
    Central Bank Governor Admits Errors Were Made Fighting Inflation
    Mistakes were made fighting recent inflation, Bank of Canada Governor Tiff Macklem has detailed in a new essay. ...
    February 21, 2024BY William Crooks
  • Lower Government Spending Would Decrease Inflation Faster, Bank of Canada Governor Says
    Lower Government Spending Would Decrease Inflation Faster, Bank of Canada Governor Says
    The governor of the Bank of Canada says the country’s inflation rate would drop more quickly if future ...
    February 2, 2024BY William Crooks
  • Bank of Canada Holds Key Rate at 5%, Indicates Thinking Shifting Toward Rate Cuts
    Bank of Canada Holds Key Rate at 5%, Indicates Thinking Shifting Toward Rate Cuts
    OTTAWA—The Bank of Canada (BoC) held its key interest rate at 5 percent Jan. 24, as widely expected, ...
    January 24, 2024BY Rahul Vaidyanath
  • Bank of Canada Governor Says Inflation Expected to Near 2 Percent by End of 2024
    Bank of Canada Governor Says Inflation Expected to Near 2 Percent by End of 2024
    The governor of the Bank of Canada (BoC) says he expects the country’s inflation rate to be close ...
    December 16, 2023BY Chandra Philip
  • 85% of Canadians Say They Won’t Use Digital Currency: Bank of Canada Report
    85% of Canadians Say They Won’t Use Digital Currency: Bank of Canada Report
    Eighty percent of respondents also said regulations should be put in place to require merchants to accept cash ...
    November 29, 2023BY Noé Chartier
  • Bank of Canada Governor Says Budget Update Won’t Add New Inflationary Pressures
    Bank of Canada Governor Says Budget Update Won’t Add New Inflationary Pressures
    Tiff Macklem says the budgetary balance is ‘little changed’ relative to what it was in the budget earlier ...
    November 22, 2023BY Noé Chartier
  • Carbon Tax Responsible for 16% of Inflation: Bank of Canada Governor
    Carbon Tax Responsible for 16% of Inflation: Bank of Canada Governor
    The BoC governor says inflation would drop 16 percent if Ottawa was to remove its carbon tax altogether.
    October 31, 2023BY Noé Chartier
  • Government Spending Hindering Bank of Canada Efforts to Lower Inflation: Governor
    Government Spending Hindering Bank of Canada Efforts to Lower Inflation: Governor
    BoC governor Tiff Macklem says it would be easier to get inflation down if monetary and fiscal policy ...
    October 26, 2023BY Matthew Horwood
  • ANALYSIS: Bank of Canada Points to Why US Is Outperforming Canada Currently 
    ANALYSIS: Bank of Canada Points to Why US Is Outperforming Canada Currently 
    Bank of Canada governor Tiff Macklem called the U.S. economy “surprisingly strong” in his opening remarks at the ...
    October 25, 2023BY Rahul Vaidyanath
  • Bank of Canada Paid Out Nearly $27 Million in Raises and Bonuses in 2022: Records
    Bank of Canada Paid Out Nearly $27 Million in Raises and Bonuses in 2022: Records
    The Bank of Canada (BoC) paid out almost $27 million in raises and bonuses in 2022, according to ...
    July 13, 2023BY Peter Wilson
  • Bank of Canada Raises Key Interest Rate to 5 Percent
    Bank of Canada Raises Key Interest Rate to 5 Percent
    OTTAWA—The Bank of Canada raised its overnight rate target by a quarter percentage point (25 basis points) to ...
    July 12, 2023BY Rahul Vaidyanath
  • ‘We Need to Get Ready’: Bank of Canada Launches Consultations on Central Bank Digital Currency
    ‘We Need to Get Ready’: Bank of Canada Launches Consultations on Central Bank Digital Currency
    The Bank of Canada has announced that it is exploring the possibility of issuing a Central Bank Digital ...
    May 9, 2023BY Matthew Horwood
  • BoC Can Address Banking System Stress, Even as It Fights Inflation: Macklem
    BoC Can Address Banking System Stress, Even as It Fights Inflation: Macklem
    The Bank of Canada has shifted its messaging in recent months from the need to get inflation under ...
    May 4, 2023BY The Canadian Press
  • Interest Rates May Need to Remain High ‘For Longer’ to Tame Inflation: Bank of Canada Governor
    Interest Rates May Need to Remain High ‘For Longer’ to Tame Inflation: Bank of Canada Governor
    Bank of Canada Governor Tiff Macklem says interest rates may need to stay higher "for longer" in order ...
    April 18, 2023BY Matthew Horwood
  • Bank of Canada Hits Pause, Doesn’t Mention Risk of US Fed’s Further Rate Hikes 
    Bank of Canada Hits Pause, Doesn’t Mention Risk of US Fed’s Further Rate Hikes 
    What may be the most compelling reason for the BoC to start raising rates again was not mentioned ...
    March 8, 2023BY Rahul Vaidyanath
  • Bank of Canada Pauses Interest Rate Increases, Signals Readiness to Hike Further if Needed
    Bank of Canada Pauses Interest Rate Increases, Signals Readiness to Hike Further if Needed
    The pause marked the first time since January 2022 that the BoC did not raise rates—eight consecutive rate ...
    March 8, 2023BY Rahul Vaidyanath
  • More Government Spending ‘Wouldn’t Be Terribly Helpful’ in Fight Against Inflation, Macklem Tells Committee
    More Government Spending ‘Wouldn’t Be Terribly Helpful’ in Fight Against Inflation, Macklem Tells Committee
    Bank of Canada Governor Tiff Macklem told MPs on Feb. 16 that if the Liberal government increases spending ...
    February 16, 2023BY Noé Chartier
  • Nearly 40% of Canadians Borrowing Money to Cover Daily Expenses: Federal Research
    Nearly 40% of Canadians Borrowing Money to Cover Daily Expenses: Federal Research
    Nearly 40 percent of Canadians are borrowing money to cover the rising costs of daily expenses like groceries ...
    February 14, 2023BY Peter Wilson
  • Bank of Canada Publishes Rate Hike Rationale for First Time
    Bank of Canada Publishes Rate Hike Rationale for First Time
    Canada’s central bank published on Feb. 8 a summary of internal deliberations that led to its latest policy ...
    February 8, 2023BY Noé Chartier
  • Bank of Canada Expects January’s Interest Rate Increase to Be the Last of Hiking Cycle
    Bank of Canada Expects January’s Interest Rate Increase to Be the Last of Hiking Cycle
    OTTAWA—The Bank of Canada raised its key interest rate by a quarter of a percentage point  (25 basis ...
    January 25, 2023BY Rahul Vaidyanath
  • Inflation in Canada Dropped Slightly in November but Food Prices Are Rising Faster
    Inflation in Canada Dropped Slightly in November but Food Prices Are Rising Faster
    Inflation has gone down 0.1 percent in November, reported Statistics Canada on Dec. 21, with the Consumer Price ...
    December 21, 2022BY Noé Chartier
  • Bank of Canada Made Poor Prediction on End-of-Year Inflation Level, Governor Says
    Bank of Canada Made Poor Prediction on End-of-Year Inflation Level, Governor Says
    The Bank of Canada made a poor prediction on what Canada's inflation level would be at the end ...
    December 20, 2022BY Peter Wilson
  • Bank of Canada Hikes Key Interest Rate by Another Half Percentage Point to 4.25 Percent
    Bank of Canada Hikes Key Interest Rate by Another Half Percentage Point to 4.25 Percent
    OTTAWA—The Bank of Canada raised interest rates by another 50 basis points (half a percentage point) on Dec. ...
    December 7, 2022BY Rahul Vaidyanath
  • Inflation Would Be Lower if Ottawa Had Spent Less on Pandemic Stimulus: Bank of Canada Governor
    Inflation Would Be Lower if Ottawa Had Spent Less on Pandemic Stimulus: Bank of Canada Governor
    Canada's current inflation rate of 6.9 percent would have been lower if the federal government had spent less ...
    November 24, 2022BY Peter Wilson
  • Inflation Relief Measures Should Be Well Targeted and Temporary, Says Macklem
    Inflation Relief Measures Should Be Well Targeted and Temporary, Says Macklem
    Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada ...
    November 24, 2022BY The Canadian Press
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    2hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    3hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    4hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    4hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    6hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    7hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    7hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    11hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    12hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    19hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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