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<\/source><\/source><\/source><\/source><\/source><\/picture>Bank of Canada governor Tiff Macklem said the central bank remains firm in its stance that the economy has needed restrictive policy and still needs \u201csomewhat restrictive policy,\u201d but there’s the potential for more rate cuts.<\/span> Photo by TONY CALDWELL\/Postmedia<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n\nArticle content<\/h2>\n The Bank of Canada began its rate-hiking cycle just over two years ago to fight a growing inflation problem, which, while not over yet, is ending, but new concerns are emerging for Bank of Canada governor Tiff Macklem to deal with.<\/p>\n
\u201cI think what we really tried to signal is that the balance of worries is shifting. For the last two years, we have been most worried about getting inflation down; we\u2019ve made a lot of progress in getting inflation down, it\u2019s not down to two per cent yet, but it\u2019s come a long way back,\u201d he said. \u201cWe do need to increasingly guard against the risk that inflation falls too far. We want inflation to come down, but we want it to come down sustainably to two per cent.\u201d<\/p>\n<\/section>\n
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