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BOC's Macklem: We may not have to raise rates further

BOC's Macklem: We may not have to raise rates further

Central Banks
Adam Button
26/10/2023 | 12:44 GMT
  • Comments from Macklem on CBC Radio

This comment isn't a surprise as the BOC has been backing away from rate hike talk and emphasizing a higher-for-longer stance.

  • The economy is not overheated anymore and if inflation cools as projected, we won't have to raise rates further

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