April 14 (Reuters) - The governing council of the Bank
of Canada discussed raising rates at its latest policy meeting
before leaving them on hold at 4.50% earlier this week, the
central bank's governor, Tiff Macklem, said on Friday.
Asked whether any council members were in favor of hiking
rates at its latest meeting, Macklem said: "When I say that
we've discussed whether we've done enough, that does imply that
one of the things we discussed is whether we need to raise
rates."
Macklem spoke to reporters from Washington where he had
attended the annual International Monetary Fund meetings.
(Reporting by Steve Scherer and Fergal Smith
Editing by Chris Reese)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.