Chrystia Freeland defends Bank of Canada ahead of next interest rate hike

المملكة العربية السعودية أخبار أخبار

Chrystia Freeland defends Bank of Canada ahead of next interest rate hike
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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Freeland\u0027s defence comes after NDP leader Jagmeet Singh joined the Conservatives in criticizing the central bank\u0027s record. Find out more.

Singh also wrote to Prime Minister Justin Trudeau directly, flagging recent changes in the government’s mandate agreement with the central bank that added labour-market conditions as a secondary consideration to price stability.Article content

“Inflation is too high, life is really tough for a lot of people, and rising interest rates are posing another set of challenges,” she said. “People are worried about their mortgages.” “We really believe it’s important to have a fiscally responsible approach right now,” the finance minister said. “We really understand the value of not pouring fuel on the flames of inflation and of not making the Bank of Canada’s very tough job even harder.”

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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