Bank of Canada may need to raise rates again, despite this week's hold: Macklem
www.ctvnews.ca
The Bank of Canada may have to raise interest rates further, given that inflation may stay high for some time, said governor Tiff Macklem Thursday.

The Bank of Canada may have to raise interest rates further, given that inflation may stay high for some time, said governor Tiff Macklem Thursday.

  • sbvEnglish
    1·
    1 year ago

    Canada’s inflation rate was 3.3 per cent in July, but the Bank of Canada expects inflation to flare up in the coming months before declining again.

    I wonder why.