Thu. Dec 12th, 2024

Bank of Canada's Macklem: June Rate Cut a Possibility

Bank of Canada's Macklem: June Rate Cut a Possibility

Bank of Canada Governor Tiff Macklemsays the central bank will need more evidence inflation is slowing before cutting rates. The Bank of Canada held its policy rate steady for a sixth consecutive meeting.

For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-10/bank-of-canada-seeks-more-disinflation-proof-as-it-mulls-cuts

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