Bank of Canada says trade disruptions could hinder inflation fight

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Bank of Canada says trade disruptions could hinder inflation fight
Bank Of CanadaInflation TargetGlobal Trade
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Global trade disruptions could make it harder for the Bank of Canada to consistently meet its 2% inflation target, and it will have to balance the risks of...

Global trade disruptions could make it harder for the Bank of Canada to consistently meet its 2% inflation target, and it will have to balance the risks of controlling higher prices with ensuring economic growth, Governor Tiff Macklem said on Tuesday. Inflation in Canada has been consistently falling this year, pushed down by interest rates that were at a two-decade high of 5% for more than a year before the central bank cut rates three times in a row from June.

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Bank Of Canada Inflation Target Global Trade Trade Policy Disruptions

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