More from BOC Macklem: Expect higher rates will begin to moderate growth in housing sector

Is that promise is More from BOC Macklem

• Russian invasion of Ukraine will cause further supply disruptions
• Invasion will weigh on confidence, will hit economic activity
• Expect higher rates will begin to moderate growth in housing sector
• We can sustain the kind of growth were seeing in the housing sector
• There is considerable space to raise interest rates over the course of the year
• We will not rule out 50 basis point hike in the future if inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term remains high
• If we have to move more quickly, we are prepared to do that
• We would get worried if wage growth ran significantly above productivity growth. We are not seen that yet.