Bank of Canada must be transparent to maintain trust, external deputy governor says

Canada News News

Bank of Canada must be transparent to maintain trust, external deputy governor says
Canada Latest News,Canada Headlines
  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 77%

SHERBROOKE, Que. — A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's trust. In a speech in Sherbrooke, Que.

SHERBROOKE, Que. — A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's trust.

He says when the bank cut its key interest rate in July, it said that downside risks to inflation were becoming increasingly important in the deliberations by the governing council, but the message was misunderstood.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BurnabyNOW_News /  🏆 14. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada's economy grows more than Bank of Canada or economists expectedCanada's economy grows more than Bank of Canada or economists expectedCanada's economy grew in the second quarter, according to Statistics Canada.
Read more »

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Read more »

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Read more »

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Read more »

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Read more »

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor urges Canada to reduce trade barriers amid supply chain risksBank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Read more »



Render Time: 2025-02-15 14:06:20