[central Bank of Canada Governor: interest rates may need to remain high for a longer period of time] April 15, Bank of Canada Governor McClum said that Bank of Canada officials discussed the need for a potential interest rate hike; it is too early to consider cutting interest rates; if stimulus measures are needed, the central bank may end quantitative tightening ahead of time; as interest rates normalize, quantitative tightening is likely to continue. Interest rates may need to remain high for longer to bring inflation back to its 2 per cent target.