Macklem says Canada has not yet raised rates, but energy prices are a challenge
TLT•Bank of Canada Governor Tiff Macklem said Canada has not raised interest rates yet, but said prolonged elevated energy prices would make that harder.
1. Energy prices and rates
Macklem said Canada has not raised interest rates and has been looking through the increase in energy prices. “The longer this goes, the harder that gets,” he said during a panel discussion in Bangkok.
