Top Bank of Canada officials speak after central bank holds policy rate steady

Top Bank of Canada officials speak after central bank holds policy rate steady

Source: EODHD - https://www.investing.com/news/economy-news/top-bank-of-canada-officials-speak-after-central-bank-holds-policy-rate-steady-4160433
Published: Jul 30, 2025 11:00 AM

TORONTO (Reuters) -Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key policy rate steady at 2.75%. MACKLEM ON UNCERTAINTY "One of the messages today is, it’s hard to be as forward looking as usual when you’ve got an unusual amount of uncertainty. And that’s why we presented three scenarios. And the reason we presented three scenarios is, against the background of unusual uncertainty, we need to be thinking more about the risks. So as we’re thinking about policy, we’re not thinking about a single forecast. We’re thinking of a range of scenarios. MACKLEM ON FUTURE RA...

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