Arab Canada News
News
By م.زهير الشاعر
Published: October 16, 2023
Governor of the Bank of Canada, Tiff Macklem, stated that the rise in government bond yields could lead to tightening financial conditions in the country, but it is not a substitute for the interest rate policy aimed at calming inflation.
He added that the rise in bond yields reflects financial market expectations that the central bank will need to raise interest rates to bring inflation back to its targeted level of 2%.
He clarified that policymakers should not overreact to monthly price fluctuations and should not overlook the structural changes in the post-COVID economy.
US politics, Canada’s multiculturalism, South America’s geopolitical rise—we bring you the stories that matter.
By signing up, you agree to our Privacy Policy
Honda Motor is considering investing up to $18.4 billion in an electric vehicle factory in Canada, a...
7 January 2024The Danish shipping company "Maersk" stated that it has been decided to reroute all ships schedule...
5 January 2024Container ships operated by the shipping giant "Maersk" are scheduled to stop passing through the R...
3 January 2024Canada's 100 highest-paid CEOs shattered records regarding their salaries in 2022, according to the...
2 January 2024Data from S&P Global showed today, Tuesday, the continued contraction of the industrial sector in t...
2 January 2024Oil prices recorded $77.04 per barrel for Brent crude futures, while WTI crude futures recorded $71...
1 January 2024Thursday, 03 July 2025
--°C
--°C
Comments