Bank of Canada Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor, will testify to the House of Commons Standing Committee on Finance about the bank’s latest economic forecasts:
The Governor’s opening statement will be published on the Bank’s website at 0845 ET, which is 1245 GMT.
The two spoke on Wednesday. Macklem signalling a rate cut soon:
- Bank of Canada Governor Macklem expects core inflation to continue to ease gradually
- Bank of Canada Governor Macklem – cut in rates a signal we are on track to 2% inflation
- Bank of Canada’s Rogers says not seeing a high level of stress in the mortgage market
This article was written by Eamonn Sheridan at www.forexlive.com.
