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BRIEF-BOC's Rogers says rising rates most impact those in debt, inflation affects all

reuters.com · 06/09/2022 15:57
BRIEF-BOC's Rogers says rising rates most impact those in debt, inflation affects all

- Bank of Canada Senior Deputy Governor Carolyn Rogers tells Reuters in interview:

  • BANK'S PRIMARY FOCUS IS ON TAMING INFLATION THOUGH IT DOES MONITOR IMPACT OF RATE HIKES ON ECONOMY, HOUSING

  • SAYS THAT HIGHER INTEREST RATES WILL MOST AFFECT A SMALL PORTION OF HIGHLY INDEBTED CANADIANS, BUT INFLATION AFFECTS ALL CANADIANS

Source text for Eikon: ID:nL1N2XW1H9


(Reporting by Steve Scherer)

((Steve.Scherer@thomsonreuters.com;))