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3865 Results

November 26, 2024

Keeping inflation at 2%

Speech summary Rhys R. Mendes Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island
In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation back down to the 2% target and why we want it to stay there.
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.
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