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Macklem: There was a clear consensus to cut policy rate by 25 bps
BOC'S GOV. MACKLEM: THERE WAS A CLEAR CONSENSUS TO CUT POLICY RATE BY 25 BPS.
— FinancialJuice (@financialjuice) July 24, 2024
Added at 10:52am
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BOC'S GOV. MACKLEM: MONETARY POLICY IS STILL RESTRICTIVE.
— FinancialJuice (@financialjuice) July 24, 2024
Added at 10:58am
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BOC MACKLEM REPEATS TO REPORTERS: IF INFLATION CONTINUES TO EASE BROADLY IN LINE WITH OUR FORECAST, IT IS REASONABLE TO EXPECT FURTHER CUTS IN OUR POLICY RATE #Canadaecon
— Mace News (@MaceNewsMacro) July 24, 2024
Added at 11:05am
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BoC’s Macklem: Divergence From Fed Not Likely To Be ‘Serious’
— LiveSquawk (@LiveSquawk) July 24, 2024