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Scotiabank Previews Wednesday's Speech by Bank of Canada Governor

BY MT Newswires | ECONOMIC | 06/18/25 09:49 AM EDT

09:49 AM EDT, 06/18/2025 (MT Newswires) -- Bank of Canada Governor Tiff Macklem speaks on 'tariffs, trade, employment and inflation' and will offer a press conference on Wednesday, noted Scotiabank.

The speech will be released at 11:15 a.m. ET and the press conference will be held by around 12:40 p.m. ET, said the bank.

Key will be whether Governor Macklem clarifies his stance during the June decision's press conference that on the one hand said the BoC didn't have confidence in the outlook to provide forward guidance and as such suggesting no rush to act, versus emphasizing the next two consumer price index reports that are due before the July 30 policy decision which suggested the meeting may be 'live.' stated Scotiabank.

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