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Macklem's House Committee Remarks Ahead

CANADA
  • BoC’s Macklem and Rogers opening statement to the House Standing Committee will be published at the bottom of the hour.
  • Expect a very similar account from Macklem’s opening statement to the presser from last week’s BoC decision.
  • i.e. "Discussion of monetary policy is shifting from whether our policy rate is restrictive enough to restore price stability, to how long it needs to stay at the current level."

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