That's likely on account of his term ending in May, with the June decision continuing to show 19 bps of easing. The BOC forecasts were little changed and Macklem indicated they were going to be gathering plenty of data before moving on rates again. Joining the refrain was Schnabel who said the ECB was likely going to be holding for an extended period. The biggest market mover was the set of comments from Bessent, who went back to the 'strong dollar' refrain despite comments yesterday from Trump that seemed to endorse a weaker dollar. That led to a quick move higher in USD/JPY to 153.75 from 152.80 and it was a sideways chop from there.