Bank of Canada governor Tiff Macklem says he has no plans to cut interest rates any time soon, even as higher rates intensify risks associated with household debt and vulnerabilities in the Canadian financial system. “Nobody should expect that interest rates are going to go back down to the very low levels that we’ve seen over the last decade or so,” Macklem told a news conference discussing the central bank’s latest financial system review Thursday. “We’re in a transition period to a world wher
— Read on ca.finance.yahoo.com/news/bank-canada-highlights-risk-bank-141625826.html
Skip to content