On the front tonightBank of Canada to lift inflation forecast as oil prices surge
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Bank of Canada Raises Rate to 2.5%
Markets increasingly expect the Bank of Canada to raise its 2.25% policy rate this week as higher oil prices threaten to broaden inflation, though economists remain divided and some expect policymakers to hold pending more evidence. A near-term hike could weigh on growth, while alternative forecasts call for increases in December and January amid uncertainty over inflation, employment and trade-related risks.
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About Tiff Macklem
Richard Tiffany "Tiff" Macklem is a Canadian central banker and economist who has served as the 10th governor of the Bank of Canada since 2020.
Everything about Tiff Macklem →- Occupation
- economist, businessperson, Governor of the Bank of Canada
- Position held
- Governor of the Bank of Canada, dean
- Citizenship
- Canada
- Born
- 1961, June 4, 1961