Tiff Macklem
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2 years in, has the Bank of Canada’s historic rate hike campaign done the job?Two years after the Bank of Canada started raising its key interest rate, inflation, the housing market and the overall economy are vastly different. Here's what's next.MoneyMar 2
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Bank of Canada sees housing rebound but ‘considerable uncertainty’ in pricesThe Bank of Canada is expecting the Canadian housing market to rebound in 2024, but Tiff Macklem warns the trajectory for prices comes with 'considerable uncertainty.'EconomyFeb 6
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Interest rates – high or low – won’t solve housing problems, Macklem saysThe head of the Bank of Canada says interest rates alone can't reduce the costs of shelter for Canadians, calling for improvements in the supply of homes.MoneyFeb 1
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Will interest rates come down in 2024? What the Bank of Canada is watchingForecasters are expecting rate cuts from the Bank of Canada in 2024, but there are risks to the inflation outlook that could put that timeline in jeopardy.MoneyDec 28, 2023
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‘Still too early’ to cut rates, Bank of Canada’s Macklem saysBank of Canada governor Tiff Macklem is pushing back on expectations that the central bank will start cutting rates soon, arguing there are still risks to the inflation outlook.MoneyDec 15, 2023
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‘Excess demand’ fuelling inflation is now gone, Bank of Canada’s Macklem saysThe head of the Bank of Canada says that 'excess demand' has been stripped out of the economy, which should continue to stifle inflation moving forward.EconomyNov 22, 2023
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Bank of Canada held interest rate partly due to upcoming mortgage renewals: MacklemMacklem appeared before a Senate committee following the Bank of Canada's most recent interest rate decision and monetary policy report.CanadaNov 1, 2023
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Premiers’ ask for rate hold put Bank of Canada’s independence at risk: MacklemIn a Sept. 13 letter, Tiff Macklem warned that instructions or requests from elected officials could give the impression that the Bank of Canada's independence is at risk.CanadaOct 24, 2023
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‘Too early to tell’ what economic impact of Israel-Hamas conflict will be: MacklemBank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates further.EconomyOct 13, 2023
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Does the Bank of Canada’s mandate need to ‘modernize?’ A senator thinks soBellemare's bill is the latest case of politicians weighing in on the institution's interest rate and policy decisions this month.CanadaSep 20, 2023
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