The Bank of Canada expects to raise its quarterly inflation forecast significantly due to persistently high crude oil and petroleum product prices. Governor Tiff Macklem warned that monetary policy ma
reuters · 2026-10-17 07:01
Bank of Canada Governor Tiff Macklem indicated that rising oil prices are supporting economic growth while driving up inflation expectations. Policymakers warn of potential interest rate hikes if ener
bloomberg · 2026-10-17 06:01
Bank of Canada Governor Tiff Macklem warned of potential rate hikes if high oil prices drive inflation, amid a spike caused by US threats against Iran. Canadian bonds tumbled as markets reacted to the
bloomberg · 2026-04-29 12:49