As Inflation Cools, Macklem Says Different Countries Will Cut Rates at Own Pace

As Inflation Cools, Macklem Says Different Countries Will Cut Rates at Own Pace
Bank of Canada Governor Tiff Macklem responds to a question during a news conference following a rate announcement, in Ottawa, on April 10, 2024. The Canadian Press/Adrian Wyld
The Canadian Press
Updated:
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Bank of Canada governor Tiff Macklem says central banks will make monetary policy decisions geared toward their own economies, which means some countries may begin cutting interest rates before others.

Mr. Macklem made the comments while speaking to reporters on the sidelines of International Monetary Fund meetings in Washington, D.C. on April 19.