Bank of Canada Governor Tiff Macklem said the Bank can continue to “look through” the direct inflation impact of higher oil prices only while those pressures remain contained, drawing a clearer line around when the Middle East energy shock could require a policy response. Speaking to the Halifax Partnership in Halifax on September 21, Macklem […]The post Macklem Draws BoC’s Line: Oil Can Be Looked Through—Until Inflation Spreads appeared first on ActionForex.