Bank of Canada officials split on need for more rate hikes, deliberations show
Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further.
![Bank of Canada officials split on need for more rate hikes, deliberations show](https://i.cbc.ca/1.6817631.1682037948!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/banking-senate-commitee-20230420.jpg)
![Governor of the Bank of Canada Tiff Macklem, right, and Carolyn Rogers, Senior Deputy Governor wait to appear as witnesses before the Senate of Canada Standing Commitee on Banking, Commerce and the Economy studying matters relating to banking and commerce at the Senate of Canada in Ottawa, on Thursday, April 20, 2023. THE CANADIAN PRESS/Spencer Colby A man and a woman wearing blue suits and smiling sit at a table before microphones.](https://i.cbc.ca/1.6817631.1682037948!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/banking-senate-commitee-20230420.jpg)
Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further.