BoC's Deputy Governor Beaudry: We can deliver on our mandate of bringing inflation back to 2% – by fx_ross BOC CentralBanks Currencies USDCAD
Bank of Canada's Deputy Governor Paul Beaudry, in a speech to university students in Waterloo, Ontario, said "we will continue to take whatever actions are necessary to restore price stability for households and businesses and to maintain Canadians' confidence that we can deliver on our mandate of bringing inflation back to 2%."
"In August, inflation stood at 7%. While we're headed in the right direction, that's still too high," Beaudry said in prepared remarks provided ahead of the speech. USD/CAD touched its highest since October 2020 at 1.3375 and is up 0.8% on the day. Since the start of 2022, CAD has lost 5.5%. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
New Zealand central bank governor says they are working with other banks to understand climate changeNew Zealand's central bank governor Adrian Orr said on Monday that the Reserve Bank of New Zealand was working with more than 110 central banks around the world to better understand and integrate climate considerations into their work.
Baca lebih lajut »
Posthaste: Why the Bank of Canada might not hike as high as many fearBank of Canada interest rates might not go as high as markets are currently pricing in, says one economist. Read on to find out more
Baca lebih lajut »
Asian stocks brace for salvo of central bank hikesMarkets idled as investors braced for a week with 13 central-bank meetings that are certain to see borrowing costs rise.
Baca lebih lajut »
COVID-19 grievances, conspiracy theories drove extremist narratives in Alberta, Canada: CSIS'Grievances and conspiracy theories related to the COVID-19 pandemic continue to drive ideologically motivated violent extremist narratives in Canada and justifications for political violence.' covidconspiracies CSIS
Baca lebih lajut »
S&P 500 Futures, yields grind higher as market appears dicey ahead of key central bank movesS&P 500 Futures, yields grind higher as market appears dicey ahead of key central bank moves – by anilpanchal7 SP500 Futures YieldCurve CentralBanks RiskAppetite
Baca lebih lajut »
Asia-Pacific Markets Mixed; Fed, Bank of Japan Rate Decisions Ahead This WeekShares in the Asia-Pacific were mixed on Monday ahead of major central bank meetings this week.
Baca lebih lajut »