{"id":91390,"date":"2023-10-25T19:25:00","date_gmt":"2023-10-25T15:25:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91390"},"modified":"2023-10-26T01:11:39","modified_gmt":"2023-10-25T21:11:39","slug":"91390-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/91390-2\/10\/25\/market-updates\/","title":{"rendered":"BoC\u2019s Macklem: Could certainly be two or three quarters of small negative growth"},"content":{"rendered":"\n<p>Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the October policy meeting and responds to questions from the press.<br><br><strong>Key Quotes<\/strong><br><br>&#8220;Could certainly be two or three quarters of small negative growth.&#8221;<br><br>&#8220;Not predicting a deep recession with a steep contraction and major job cuts.&#8221;<br><br>&#8220;The path to a soft landing has become narrower.&#8221;<br><br>&#8220;Really pleased to see focus governments are putting on increasing housing supply.&#8221;<br><br>&#8220;If spending plans of various levels of governments are fully carried out next year, that would not be helpful in tackling inflation.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the October policy meeting and responds to questions from the press.Key Quotes&#8220;Could certainly be two or three quarters of small negative growth.&#8221;&#8220;Not predicting a deep recession with a steep contraction and major job &hellip;<\/p>\n","protected":false},"author":13,"featured_media":33760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6932,6987,7517,7901],"class_list":["post-91390","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boc","tag-inflation","tag-interest-rates","tag-tiff-macklem"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91390"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91390\/revisions"}],"predecessor-version":[{"id":91445,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91390\/revisions\/91445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33760"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}