Given high inflation, slowdown in Canada's economy is 'a good thing,' Tiff Macklem says

Given high inflation, slowdown in Canada's economy is 'a good thing,' Tiff Macklem says

Upworthy

Published

Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is overheated. Speaking in Quebec City on Tuesday, Macklem said that higher interest rates are working to cool the economy as elevated borrowing costs are constraining…

#bankofcanada #tiffmacklem #quebeccity #macklem #desjardins #mendes

Full Article