Bay Street economists offer differing opinions
Economy has weakened since last forecast
Rates unlikely to change until next spring: Moody’s
Policy group’s opinion differs from private sector economists
Downgrades to domestic and international forecasts likely
Fewer firms expect to increase hiring
Source: The Canadian PressThe Bank of Canada is looking at the role of monetary policy beyond controlling inflation, senior deputy governor Tiff Macklem said Tuesday.“If we look only at interest rates, inflation and output, we may miss bubbles and other elements of systemic risk as they build,” Macklem said in prepared remarks to the International […]
Labour markets have not truly recovered, BoC governor says
Business credit contracts for the fifth straight month
Bank of Canada prepared to deal with further stimulus from U.S. Federal Reserve