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Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

Early signs of a slowing economy aren't enough, the Bank of Canada governor said in a speech

Inflation written newspaper

The Bank of Canada's senior deputy governor spoke in Calgary one day after the latest interest rate hike

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Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

The potential increase depends on robust consumer demand

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But the situation is different from the '70s

white piggy bank with change canadian scattered around

The leadership candidate took aim at the central bank's role in rising inflation

piggy bank with flag of Canada

Barriers exist to accessing financial services, deputy governor says

Inflation written newspaper

"Inflation is too high," Bank of Canada governor Tiff Macklem said

piggy bank with flag of Canada

Could Canada’s next rate hike exceed half a point? Bank experts weigh in, plus Ratesdotca explains impact on housing

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

Two-thirds of CPI components now have inflation of more than 3%, BoC’s deputy governor warns