Name: ‘We will not let higher oil prices become persistent inflation’: Macklem on holding interest rate
Uploaded: 2026-07-15T16:02:48Z
Duration: 4 min 29 s
Description: Bank of Canada Governor Tiff Macklem explains the reasoning behind holding the policy rate, saying global growth has been ‘dented’ by the Iran-U.S. conflict.

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‘We will not let higher oil prices become persistent inflation’: Macklem on holding interest rate

Bank of Canada Governor Tiff Macklem explains the reasoning behind holding the policy rate, saying global growth has been ‘dented’ by the Iran-U.S. conflict.

July 15, 2026 at 11:03AM EDT