Macklem: Bank of Canada Closely Watching Inflation and Interest Rates
Bank of Canada Governor Tiff Macklem has been speaking about the country's monetary policy in recent times. In a news conference held on June 10, 2026, he emphasized that the central bank is keeping a close eye on inflation and interest rates. The governor stated that the Bank of Canada will continue to make adjustments as necessary to keep prices under control.
When asked about the current state of the economy, Macklem noted that growth has been steady but with some signs of slowing down. He added that the bank is watching the situation closely and will take action if needed to maintain a healthy economic balance.
The governor also spoke about the importance of keeping interest rates stable for businesses and consumers. He stated that the bank aims to achieve this by carefully monitoring inflation and making adjustments as necessary.