More from BoC Gov. Macklem: Recent higher inflation reflects base-year effects
Earlier comments are here: BoC Gov Macklem says economic recovery is make good progress
Macklem speaking to an upper house committee in the Canadian parliament.
- Via video conference
- Senate Committee on Banking, Trade and Commerce
More remarks now:
- stimulus will be needed for some time.
- large parts of the economy remain very weak.
- recent higher inflation reflects base-year effects.