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Tiff Macklem

Macklem says he wants growth to pick back up as bank cuts key rate again

Bank of Canada note

Economists expect another rate cut could be in store

Bank of Canada note

Recent data indicate inflation is easing

woman stressed over uneasy stock market

The central bank's survey shows Canadians' outlook for the future economy was 'pessimistic'

Wrestling inflation

Monthly increase means central bank could pause at July meeting

Canadian flag

Making Canada a better place to invest is critical, BoC governor said

Bank of Canada headquarters

While there was concern progress could stall, consensus was inflation would continue downward momentum

Bank of Canada note

The central bank is working to rebuild trust with the public and be transparent in how it works

Bank of Canada headquarters

Bets are now leaning toward a first cut in September in the U.S.

Arrow cube

Governor says if inflation continues to ease, it is reasonable to expect further cuts