As was widely expected, Bank of Canada Governor Tiff Macklem opted to keep the overnight rate unchanged at 4.5%, gripped with confidence that inflation levels will keep receding quickly over the next several months. Despite acknowledging there is still excess demand in the economy and employers are continuing to more hire workers, the Bank of … Continue reading Tiff Macklem Leaves Rates Untouched, Is Confident Inflation Will Fall ‘Quickly’ In Coming Months