BOC's Macklem: Exit from asset purchase program is a long way off

Comments from Bank of Canada Governor Tiff Macklem:

Comments from Bank of Canada Governor Tiff Macklem:
  • We have options going forward, we can scale asset purchase programs, yield curve control is in our toolkit
  • On July 15, the MPR will lay down a track and we will monitor data relative to that track
  • There will most-likley be some local flare ups that affect supply on an ongoing basis
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