May 5, 2026
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Business

Inflation rate will remain ‘painfully high’ all year, Bank of Canada governor anticipates

Bank of Canada Governor Tiff Macklem says Canada’s inflation rate is set to remain ‘painfully high’ for the rest of the year. In an exclusive interview with CTV News, Macklem says the path to a ‘soft’ economic landing is ‘narrowing’ but at this point the central bank is not projecting a recession. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/politics/inflation-rate-will-remain-painfully-high-all-year-bank-of-canada-governor-anticipates-1.5995379

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