(Bloomberg) -- Bank of Canada Governor Tiff Macklem reiterated that the country’s economy is headed for a soft landing, saying he expects the unemployment rate to rise but that a large increase isn’t needed to achieve the inflation target.Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Raises $5.3 Billion in Biggest Hedge Fund Debut Since 2018Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot
(Bloomberg) -- Bank of Canada Governor Tiff Macklem reiterated that the country’s economy is headed for a soft landing, saying he expects the unemployment rate to rise but that a large increase isn’t needed to achieve the inflation target.
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