2025-12-10 15:55:00
Press conference following the Bank of Canada rate decision has started. BOC Gov. TIff Macklem and Senior Deputy Gov. are answering the questions from the press:
- Markets can count on us taking decisions one at a time.
- We will be assessing data relative to our outlook.
- Asked about statistics, Canada revisions to GDP says that StatCan as a very tough job.
- Improvement in the labor market is encouraging.
- Businesses are cautious about hiring investment plans.
- Recent jobs data as it changed the bank’s economic outlook.
This article was written by Greg Michalowski at investinglive.com.
