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EconomicCanada·Unpinned22 Oct 2026

Bank of Canada Governor Tiff Macklem discusses risks of persistent inflation

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Bank of Canada Governor Tiff Macklem expressed concern regarding persistent headline inflation, which has remained near 3%. Following his hawkish tone, markets began pricing in a virtual certainty of an interest rate hike for the following week, with a two-in-three chance of an additional increase in December. The Governor's stance emerged despite reports…

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