Tiff Macklem

• ‘Excess demand’ fuelling inflation is now gone, Bank of Canada’s Macklem says

  The 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.

  Economy

  Nov 22
  
• Bank of Canada held interest rate partly due to upcoming mortgage renewals: Macklem

  Macklem appeared before a Senate committee following the Bank of Canada's most recent interest rate decision and monetary policy report.

  Canada

  Nov 1
  
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• Premiers’ ask for rate hold put Bank of Canada’s independence at risk: Macklem

  In 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.

  Canada

  Oct 24
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• ‘Too early to tell’ what economic impact of Israel-Hamas conflict will be: Macklem

  Bank 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.

  Economy

  Oct 13
• Does the Bank of Canada’s mandate need to ‘modernize?’ A senator thinks so

  Bellemare's bill is the latest case of politicians weighing in on the institution's interest rate and policy decisions this month.

  Canada

  Sep 20
• Bank of Canada ‘remains independent’ amid political comments: Macklem

  Governor Tiff Macklem defended the Bank of Canada's operational independence on Thursday as the central bank's interest rate decisions face political commentary.

  Politics

  Sep 7
• Higher interest rates are ‘painful’ but ‘worth it’: Bank of Canada’s Macklem

  Tiff Macklem says the Bank of Canada’s work to tame inflation with restrictive interest rates is working, but momentum in those efforts might be slowing.

  Money

  Sep 7
• Bank of Canada faces political pressure to hold rates. But will it matter?

  The Bank is set to make its next interest rate decision Wednesday and is widely expected to hold steady as the economy begins to buckle under the weight of higher interest rates.

  Economy

  Sep 5
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• B.C. Premier David Eby asks Bank of Canada to freeze hikes to interest rates

  In writing directly to Governor Tiff Macklen, Eby said another rate hike would hurt mortgage holders with expired or soon to expire policies as well as those with variable rates.

  Economy

  Aug 31
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• Bank of Canada prepared to raise rates further if inflation progress stalls

  Inflation could rise again if the Bank of Canada did not continue to put pressure on the economy through higher rates, the governing council decided earlier this month.

  Money

  Jul 26