BOCs Macklem: Concerned that if not careful, the progress to price stability could stall

  • We are concerned if we are not careful, the progress to price stability could stall
  • If you get some upward surprises, inflation could even move back higher
  • There was clear consensus among governing Council members
  • There was not a big benefit of waiting to raise rates
  • In the banks forecast, there is path back to price stability while maintaining growth

This article was written by Greg Michalowski at www.forexlive.com. Source