Bank of Canada and Fed interest rate divergence has limits, says Tiff Macklem

If Canada's central bank cuts much more than the Fed the Canadian dollar will suffer

By: financialpost.com

May 02 2024
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Bank of Canada and Fed interest rate divergence has limits, says Tiff Macklem

OTTAWA — Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark. Read More

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Bank of Canada and Fed interest rate divergence has limits, says Tiff Macklem

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