BOC’s Macklem: It could take some time for higher fuel margins to normalise
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| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 1.36 |
ING | Bearish | 1.42 |
MUFG | Bullish | 1.34 |
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Comments from Bank of Canada Governor Tiff Macklem cross the wires: It could take some time for higher fuel margins to normalize; that is a worry That is a worry because that will add persistence to headline inflation Have cut Q4 annualized growth forecast to 0.75% Expect inflati
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