Bank of Canada\u0027s Tiff Macklem warned that interest rates could rise if economic conditions deviate from the central bank’s outlook. Read on.
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Macklem used a speech in Quebec City on Feb. 7 to reiterate that the central bank would be taking a conditional pause on rate hikes over the months ahead to determine if enough has been done to reverseOttawa Citizen Headline NewsEmail AddressBy clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
after his speech. “Monetary policy works with the lag. We’ve raised rates rapidly. We’re seeing the effects. We know there’s more to come. It makes sense to pause and assess whether we’ve done enough.”REGISTER TO UNLOCK MORE ARTICLESAccess articles from across Canada with one accountGet email updates from your favourite authors
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