Bank of Canada Governor Says Economy Not Heading for Serious Recession, Weighing Further Rate Hikes

Governor of Bank of Canada says economy not heading for a "serious recession"

Looking for clear signs that core inflation pressures are easing

Weighing whether to let previous rate hikes work through economy or raise rates again

September consumer price inflation numbers to be published Tuesday

Rate decision on Oct 25 will be accompanied by update to bank's economic forecasts