Bank of Canada's Rogers urges shift by banks on mortgage lending -Bloomberg News
© Reuters. Senior Deputy Governor of the Bank of Canada Carolyn Rogers takes part in a press conference in Ottawa, Ontario, Canada October 25, 2023. REUTERS/Patrick Doyle/File Photo"A rate hike is on the table until we are really confident that we are clearly on our way," she said adding stickier-than-expected price pressures and excess demand could prompt another rate hike.
Slowing core inflation is the primary requirement needed for policymakers to consider lowering rates, Rogers told Bloomberg, adding officials are likely to keep alive the threat of additional hikes.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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