Bank of Canada Governor Comments on Economic Forecasts Amid U.S. Political Uncertainty

The Governor of the Bank of Canada, Tiff Macklem, addressed concerns regarding the central bank's economic forecasts in light of U.S. political developments. According to Jin10, Macklem emphasized that it is not feasible for the Bank of Canada to respond to every threat made by U.S. President Donald Trump. He noted that doing so would be akin to 'digging our own grave.' Macklem's comments highlight the challenges faced by central banks in navigating economic predictions amid geopolitical uncertainties.