Free Trial

Macklem Remarks Incoming

CANADA
  • BoC Governor Macklem is set to give an end-of-year speech in a fireside chat hosted by the Business Council of British Columbia.
  • The remarks will be published imminently at 1525ET before the events begin 1540ET, with live link here that will include audience Q&A: https://www.bankofcanada.ca/multimedia/speech-business-council-of-british-columbia/
  • It will be followed by media Q&A at 1700ET.
  • Dep Gov Kozicki on Friday indicated that the statement guidance that the Governing Council will consider whether further rate hikes are needed is a shift to greater data dependency whilst adding that there would need to be a ”really large shock” to see more forceful action. Her remarks saw little market reaction and it's possible we see a repeat here, especially with US CPI and a week of major central bank meetings ahead.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.