{"id":95824,"date":"2024-01-24T20:45:00","date_gmt":"2024-01-24T16:45:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=95824"},"modified":"2024-01-24T22:51:50","modified_gmt":"2024-01-24T18:51:50","slug":"bocs-macklem-warns-from-giving-false-precision-about-rate-cut-timing","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bocs-macklem-warns-from-giving-false-precision-about-rate-cut-timing\/01\/24\/market-updates\/","title":{"rendered":"BoC\u2019s Macklem warns from giving false precision about rate cut timing"},"content":{"rendered":"\n<p>Tiff Macklem, Governor of the Bank of Canada (BoC), and Senior Deputy Governor Carolyn Rogers explain the BoC decision to leave the interest rate unchanged at 5% after the January policy meeting and respond to questions from the press.<br><br><strong>Key Quotes<br><\/strong><br>&#8220;Inflation is still somewhat broad-based and that&#8217;s why we&#8217;re concerned about the persistence of underlying inflation<br><br>&#8220;It&#8217;s important that we don&#8217;t give Canadians a false sense of precision as regards the timing of a rate cut.&#8221;<br><br>&#8220;If governments were to add more spending on top of what they&#8217;ve already planned for this year, it certainly could start getting in the way of trying to bring inflation down to 2% target.&#8221;<br><br>&#8220;We didn&#8217;t spend a lot of time talking about hikes this time.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tiff Macklem, Governor of the Bank of Canada (BoC), and Senior Deputy Governor Carolyn Rogers explain the BoC decision to leave the interest rate unchanged at 5% after the January policy meeting and respond to questions from the press.Key Quotes&#8220;Inflation is still somewhat broad-based and that&#8217;s why we&#8217;re concerned about the persistence of underlying inflation&#8220;It&#8217;s &hellip;<\/p>\n","protected":false},"author":13,"featured_media":42727,"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":[6932,6987,7740,7901],"class_list":["post-95824","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boc","tag-inflation","tag-rate-cut","tag-tiff-macklem"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95824","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=95824"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95824\/revisions"}],"predecessor-version":[{"id":95866,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95824\/revisions\/95866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/42727"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=95824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=95824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=95824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}