Reply To: Bank of Canada Holds Rates at 5.00% as expected, CPI Higher with Gasoline Prices


BOCs Macklem Press conference Q&A

We are concerned if we are not careful, the progress to price stability could stall
If you get some upward surprises, inflation could even move back higher
There was clear consensus among governing Council members
There was not a big benefit of waiting to raise rates
In the banks forecast, there is path back to price stability while maintaining growth