Bank of Canada Governor Tiff Macklem signaled confidence in the economy's resilience, holding rates at 2.25% and stressing policy flexibility amid ongoing uncertainty, with inflation near target and growth expected to recover in 2026.
#YonhapInfomax #BankOfCanada #TiffMacklem #MonetaryPolicy #CPIInflation #GDPGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=94919The Bank of Canada held its policy rate at 2.25%, with Governor Tiff Macklem citing the economy's resilience and contained inflation near the 2% target, while signaling readiness to respond to elevated uncertainties and projecting a recovery in 2026 following recent GDP volatility and labor market stabilization.
#YonhapInfomax #BankOfCanada #TiffMacklem #MonetaryPolicy #CPIInflation #GDPGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=94918
BOC Governor Says Economy Remains Resilient Overall—Current Monetary Policy at Appropriate Level
The Bank of Canada held its policy rate at 2.25%, with Governor Tiff Macklem citing the economy's resilience and contained inflation near the 2% target, while signaling readiness to respond to elevated uncertainties and projecting a recovery in 2026 following recent GDP volatility and labor market stabilization.
Yonhap Infomax