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BoC Macklem says monetary policy of little use tackling structural changes from US tariffs

BoC Macklem says monetary policy of little use tackling structural changes from US tariffs

Central Banks
Eamonn Sheridan
05/11/2025 | 21:44 GMT
  • Bank of Canada Governor Macklem is speaking in parliament
Tiff Macklem
Tiff Macklem Oct 30, 2025

Bank of Canada Governor Macklem Macklem, in opening statement to the House of Commons:

reiterated monetary policy’s effectiveness was limited in tackling structural changes from U.S. tariffs

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