Bank Of Canada’s Macklem Says Q4 Growth Could Be Roughly Halved If New U.S. Tariffs Remain In Place; Would Expect Inflation To Edge Up In Coming Months If Oil Prices Stay Near $100/Barrel; Fuel Prices Have Risen More Than Normally Expected, Reflects Damage To Global Refining Capacity Haven't Seen Evidence Higher Oil Prices Are Spreading To Other Goods And Services
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Why It Matters
Canada's economy could grow much slower if new U.S. tariffs stay in place. Watch oil prices and inflation to understand if Canada's growth and prices keep changing.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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