/maxbellschool/taxonomy/term/4052/all en /maxbellschool/channels/news/chris-ragan-bank-canada-expected-raise-interest-rates-toronto-star-341430 <p>September 2, 2022 | In response to the possibility of the Bank of Canada raising interest rates next week, Director <a href="/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Christopher Ragan</a> said the central bank is best-suited to take on the responsibility of maintaining low interest rates.</p> <p>“There’s very, very good reasons why we have operationally independent central bank trying to target inflation rather than governments, because governments in the past have done a very poor job at that,” he said.</p> Tue, 06 Sep 2022 23:53:14 +0000 victoria.weston@mcgill.ca 2880 at /maxbellschool