-
Macklem: Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy
Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our quarterly Monetary Policy Report and last week’s policy decision. Last Wednesday, Governing Council maintained the policy interest rate at 2.25%. We had three key messages. First, Canada is being buffeted by global events and geopolitical uncertainties, but our economy is growing and is expected to continue to grow. Second, after more than a year with inflation close to the 2% target, higher global energy prices are pushing inflation up. The surge in gasoline prices combined with still-elevated food price inflation is ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From tradersunion.com|May 6, 2026Ethereum is currently trading at $2,346.08, down $26.03 or 1.10% from the previous close. Since the market open, ETH has declined by $26.03, representing a 1.10% intraday drop. ...
From @FirstSquawk|May 6, 2026|47 commentsTrump Makes Claim About Iran’s Leadership and Says “We Have Won” *TRUMP: IRAN WON'T HAVE A NUCLEAR WEAPON, THEY'VE AGREED
From blog.bitfinex.com|May 6, 2026After printing through $80,000 on Monday, 4 May, Bitcoin has finally made its first sustained move above this key psychological barrier since 31 January, and the cleanest session ...
-
- Newer Stories
From finance.yahoo.com|May 6, 2026Investors will be looking to Coinbase Global (COIN) CEO Brian Armstrong for fresh remarks on his firm’s forward prospects when it reports first quarter results on Thursday that ...
From financefeeds.com|May 6, 2026The Commodity Futures Trading Commission is considering rulemaking to clarify when crypto software developers must register as brokers, as Chair Michael Selig seeks to turn recent ...
From @FirstSquawk|May 6, 2026RBNZ Governor Expects NZ House Prices to Be Broadly Stable With Slight Long-Term Gains RBNZ Governor Says Inflation Likely to Rise Somewhat in Coming Months
Low Impact
Breaking