Tag: BOCs

BOC’s Macklem: If CAD appreciation persists, we’ll have more work to do on rates

There was broad consensus at the IMF meetings that inflation is the most-immediate threat to current and future prosperityWe will be 'watching closely' US economy, inflation and rates and factoring that in as...

BOCs Macklem: We need additional info before we consider moving to more balanced policy

The comments are more hawkish with the theme of killing inflation still the major theme. That has not been done yet. The USDCAD has dipped modestly but remains near the highs...

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