Source Feed: The Globe and Mail
Author: Craig Lord
Publication Date: March 20, 2025 - 13:24
Bank of Canada signals shift in how it sets rates amid tariff uncertainty
March 20, 2025
The head of the Bank of Canada is signalling a shift in how the central bank sets its key interest rate as trade uncertainty with the United States makes long-term forecasting much more difficult.Tiff Macklem says that means monetary policy-makers may be “acting quickly” when it comes to setting interest rates, rather than looking far into the horizon to stay “flexible and adaptable.”
Unpublished Newswire
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