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May 8, 2023

CBC News

Carolyn Rogers, Senior Deputy Governor of the Bank of Canada
Interview with CBC News

Content Type(s): Press, Media activities
May 4, 2023

Getting inflation back to 2%

Speech summary Tiff Macklem Toronto Region Board of Trade Toronto, Ontario
Governor Tiff Macklem explains that higher interest rates are working to slow inflation but warns that getting all the way back to the 2% target may take time. He also discusses the recent stress in the global banking sector and how financial stability and price stability work together.
May 4, 2023

Media Availability: Toronto Region Board of Trade

Challenges and risks in getting inflation back to target — Governor Tiff Macklem takes questions from reporters following his remarks (14:15 (ET) approx.).

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