United States & Tiff Macklem

United States: The United States is the nation where the political confrontation between its President and its central bank is taking place, with potential global economic repercussions due to the U.S. dollar's role.

Tiff Macklem: Tiff Macklem, Governor of the Royal Bank of Canada, offered his full support to Jerome Powell, praising his leadership under difficult circumstances.

United States: The United States is a key trading partner for Canada, and unresolved trade issues, particularly regarding CUSMA and potential tariffs, pose the biggest risk to Canada's economic outlook.

Tiff Macklem: Tiff Macklem, governor of the Royal Bank of Canada, has publicly stated his view on the Canadian economy, playing down recession fears and generalized inflation.

United States: The relationship between global central banks and United States's Washington, particularly regarding the United States — Federal Reserve's independence and international engagement, was a key concern addressed by Kevin Warsh's presence at the Sintra conference.

Tiff Macklem: Tiff Macklem, Governor of the Royal Bank of Canada, participated in the panel and supported the idea of 'framework guidance' in central bank communication.

United States: The United States GDP was estimated to have increased by one percentage point due to capital spending on Artificial intelligence.

Tiff Macklem: Tiff Macklem, Governor of the Royal Bank of Canada, drew parallels between the current Artificial intelligence investment boom and the dot-com bubble, warning of potential market overexuberance.