Getting back to stable prices and a balanced jobs market
November 15, 2022
November 15, 2022
Advocacy
In a recent speech, Governor Tiff Macklem discusses the relationship between inflation and employment and how the Bank of Canada is working to cool an overheated economy.
“If we don’t raise interest rates enough, Canadians will continue to endure high inflation, and high inflation will become entrenched, requiring much higher interest rates and a sharper slowing in the economy to restore price stability.” Macklem said.
