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February 6, 2024

Monetary policy: It’s perfectly imperfect

Speech summary Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec
Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately keeps inflation low, stable and predictable, despite significant shocks to the economy.
February 6, 2024

Monetary policy: The right tool for the right job

Remarks Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec
Governor Tiff Macklem discusses how monetary policy is working to bring inflation down—and how it has worked to return inflation to target over the last 25 years. He also talks about the limits of monetary policy, and why the right focus is on controlling inflation in the medium term.
January 24, 2024

Press Conference: Monetary Policy Report – January 2024

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (10:30 (ET) approx.).

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