Tiff Macklem says 2024 will be a transition year for economy, too soon to consider rate cuts

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.

Tiff Macklem says 2024 will be a transition year for economy, too soon to consider rate cuts
A man with thick black glasses wears a suit and tie under a black coat.

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.