Understanding the Future as the Bank of Canada Prepares for Uncertainty
Future Readiness by the Bank of Canada
The Bank of Canada is gearing up for a challenging economic landscape. Tiff Macklem, the governor, expressed concerns about increasing unpredictability in the economy.
Key Points from Tiff Macklem’s Address
- Emphasis on adaptability in monetary policy.
- Importance of resilience for financial stability.
- Potential shocks that may affect the economy.
In his speech to the Greater Vancouver Board of Trade, Macklem stressed that a proactive approach is essential to mitigate future risks.
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