Central bankers from Americas respond to Trump’s tariff shock
Canadian, Mexican, Colombian and Fed governors speak of post-Covid realities at BIS conference
Central bank governors from the Americas have told a Bank for International Settlements conference in Mexico that the world is more shock-prone than ever and the risk of tariffs threatens productivity.
Speaking on the closing day of the BIS’s Chapultepec conference on February 6, Bank of Canada governor Tiff Macklem said that war, trade protectionism and economic fragmentation were making central bankers’ jobs a lot more difficult than before.
“We are facing new uncertainty with a shift in policy
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