Bank of Canada taking rate decisions 'one at a time,' Macklem says after latest cut

• 6 months ago
• News
• Duration 2:04

Bank of Canada governor Tiff Macklem says there was a 'strong consensus' for cutting the bank's key policy rate by 25 basis points to 4.25% — but, he said, if inflation continues to ease in line with the bank's forecast, it's 'reasonable' to expect further cuts.