The Bank of Canada (BOC) is getting closer to raising interest rates – but not until the slack in the country’s economy is absorbed, according to BOC governor Tiff Macklem.
In an op-ed published in the Financial Times, Macklem said that his team is still focused on controlling inflation even as risks from supply disruptions and higher energy prices continue to pose challenges. # SANDI HALPERN # SOLD # LEASED #INCREASE INTEREST RATES
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