Bank of Canada front-runner discusses interest rate rise

Bank of Canada

Tiff Macklem, the Bank of Canada's senior deputy governor, said the governing council could postpone hitting its inflation target in order to keep household imbalances at bay.

Macklem is a leading candidate to replace Mark Carney as governor, and this was his first public speech since Carney announced he would move to the Bank of England in July.

Speaking at Queen's University in Ontario, Macklem re-affirmed the central bank's commitment to low inflation, and warned against complacency after

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: