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Scotiabank Previews Tuesday's Bank of Canada Governor Speech

BY MT Newswires | ECONOMIC | 08/26/25 11:32 AM EDT

11:32 AM EDT, 08/26/2025 (MT Newswires) -- Bank of Canada Governor TIff Macklem's speech at 2:30 p.m. ET on Tuesday will be a text-only affair, with no presser and no question-and-answer session, said Scotiabank.

The topic is 'flexible inflation targeting in a more shock-prone world.'

It could just be a celebration of the Mexican central bank (Banxico) marking its 100th anniversary. It could harken back to when Mark Carney was BoC Governor and Macklem was his senior deputy governor and they worked the target range more openly, noted the bank.

There is the risk of policy-related remarks, but Scotiabank doubts it. Macklem tends to speak in riddles even more than most central bankers and his forward guidance isn't terribly useful even when he isn't afraid of publishing a forecast, added the bank.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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