Bank of Canada Gov. Macklem Tells Lawmakers Rate Policy at ‘Right’ Level
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Bank of Canada Gov. Macklem Tells Lawmakers Rate Policy at ‘Right’ Level
Bank of Canada Governor Tiff Macklem addressed lawmakers, stating that the current rate policy is at the 'right' level. He noted that economic growth is anticipated to remain slow through the latter half of 2025. This is significant as it reflects the central bank's cautious approach to monetary policy amid ongoing economic challenges.
— via World Pulse Now AI Editorial System
