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Inflation crisis was fuelled by economic groupthink, says Lord Mervyn King

Former BOJ head among 4,108 people receiving spring honors

Haruhiko Kuroda, who led the central bank s unprecedented monetary easing, was given the Grand Cordon of the Order of the Sacred Treasure.

David Dodge says new federal budget hurts the fight against inflation

Former Bank of Canada Governor David Dodge said the increase in spending in the federal government’s new budget will make the central bank’s battle against…

Macklem Sees Little Impact of Canada Budget on Fiscal Track

Macklem Sees Little Impact of Canada Budget on Fiscal Track
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Macklem Sees Little Impact of Canada Budget on Fiscal Track

(Bloomberg) Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget — which offset hefty spending increases with a capital-gains tax hike and higher revenue forecasts — did not materially add to inflationary pressures.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemElon Wants His Money BackTikTok Divest

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