Share: Bank of Canada Governor Tiff Macklem said on Friday that they were concerned because they were not really seeing a downward momentum in inflation, per Reuters. Key quotes “Bank of Canada is not expecting a recession in Canada.” “When bank releases economic projections on October 25, we’re not going to be forecasting
> ECB’s de Cos: Underlying inflation is now easing Underlying inflation is now easing Inflation seems to be turning a corner Current interest rate level – if maintained for sufficiently long – is broadly consistent with achieving the target Too early to talk about Ray cuts Would be cautious about discontinuing PEPP reinvestment Selling bonds
