Tiff Macklem
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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
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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
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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
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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
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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
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Bank of Canada ‘remains independent’ amid political comments: MacklemGovernor Tiff Macklem defended the Bank of Canada's operational independence on Thursday as the central bank's interest rate decisions face political commentary.PoliticsSep 7
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Higher interest rates are ‘painful’ but ‘worth it’: Bank of Canada’s MacklemTiff 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.MoneySep 7
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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.EconomySep 5
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B.C. Premier David Eby asks Bank of Canada to freeze hikes to interest ratesIn 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.EconomyAug 31
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Bank of Canada prepared to raise rates further if inflation progress stallsInflation 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.MoneyJul 26
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