Tiff Macklem
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Canada’s economy managed a soft landing. That might not last, warns MacklemSpeaking in Calgary, Bank of Canada governor Tiff Macklem said that while the Canadian economy entered 2025 on strong footing, the outlook for the year is not rosy.CanadaMar 20
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Bank of Canada governor’s tariff warning: ‘There won’t be a bounceback’Bank of Canada governor Tiff Macklem said the shock from U.S. tariffs would be very different from the economic downturn caused by the COVID-19 pandemic.CanadaFeb 21
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Bank of Canada head says ‘shock-prone world’ shows need for productivityBank of Canada Governor Tiff Macklem said productivity has been a longstanding problem in Canada, which is a risk to GDP and can add to inflationary pressures.CanadaOct 25, 2024
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After Bank of Canada’s oversized cut, is lower and faster the new pace?Wednesday’s decision is the fourth consecutive drop in interest rates since June and is the Bank of Canada's largest rate cut since 2009, outside the COVID-19 pandemic.MoneyOct 23, 2024
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The Bank of Canada is ‘scaling down’ plans for a possible digital loonieFor now, the Bank of Canada is shifting away from preparations for a possible central bank digital currency amid the lack of a 'compelling case' for the technology.MoneySep 24, 2024
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Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: MacklemBank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.EconomySep 10, 2024
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The Bank of Canada cut rates again. Here’s why, and what’s nextThe Bank of Canada is continuing to cut its benchmark interest rate, lowering the cost of borrowing as inflation increasingly looks to be under control.MoneySep 4, 2024
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Bank of Canada cuts key interest rate to 4.5% with hints of more to comeThe Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.MoneyJul 24, 2024
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‘A big green light to cut’: What to expect from the Bank of Canada this weekThe Bank of Canada is set for another interest rate decision on Wednesday, with most economists and market watchers betting on another cut. Here's what to expect.MoneyJul 23, 2024
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Newcomers, youth hit hardest as job market cools: Bank of Canada’s MacklemTiff Macklem pointed out that while overall labour force cooling has been 'reasonably smooth' in aggregate, the data can mask worrying trends for some groups in the jobs market.EconomyJun 24, 2024
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