BoC's Governor Macklem speech

Tiff Macklem was appointed Governor of the Bank of Canada, effective 3 June 2020. As Governor, he is also Chairman of the Board of Directors of the Bank. Prior to being appointed as BoC chief, Macklem served as the Dean of the Rotman School of Management at the University of Toronto for six years. He had already served as Senior Deputy Governor of the Bank of Canada from July 2010 until May 2014. Macklem also was the first Chair of the Financial Stability Board’s Standing Committee for Standards Implementation from 2009 to 2013, and represented the Bank of Canada at the FSB.

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Economic context

Recent economic data has been strongly bullish for CAD. The following recent announcements may affect the market reaction to BoC's Governor Macklem speech:

		Previous	Latest
Retail Sales (MoM)	Bullish change	0.2%	2.5%
Retail Sales ex Autos (MoM)	Bullish change	-0.7%	2.7%
BoC Consumer Price Index Core (MoM)	Bullish change	-0.3%	0.4%
BoC Consumer Price Index Core (YoY)	Bullish change	1.8%	2.1%
Consumer Price Index (MoM)	Bullish change	-0.4%	0.1%
Consumer Price Index (YoY)	Bullish change	1.8%	1.9%

About BoC's Governor Macklem speech

Country:	Canada
Currency:	CAD
Source:	Bank of Canada
Category:	Central Banks
Frequency:	Irregular

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Calendar - BoC's Governor Macklem speech - Canada