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(RPT) MNI INTERVIEW: BOC Should Ease Up On Rate Hikes- Senator

(MNI) OTTAWA
OTTAWA (MNI)

More aggressive moves could cause "severe damage," Hassan Yussuff says.

(Repeats story first published on Oct 28)

The Bank of Canada must be cautious about further rate hikes that could torpedo the economy after already misreading the early pandemic rebound, a Senate Banking Committee member who will question Governor Tiff Macklem at a hearing Tuesday told MNI.

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(Repeats story first published on Oct 28)

The Bank of Canada must be cautious about further rate hikes that could torpedo the economy after already misreading the early pandemic rebound, a Senate Banking Committee member who will question Governor Tiff Macklem at a hearing Tuesday told MNI.

Keep reading...Show less