-+ 0.00%
-+ 0.00%
-+ 0.00%
The Zhitong Finance App learned that Bank of Canada Governor MacLum said that if inflationary pressure shows signs of more lasting, policymakers don't want to act too slowly on the interest rate hike issue. As the Middle East conflict pushes up energy prices, the risk of Canada's inflation remaining high is rising, and monetary policy may need to respond to this.
Share
Listen to the news
The Zhitong Finance App learned that Bank of Canada Governor MacLum said that if inflationary pressure shows signs of more lasting, policymakers don't want to act too slowly on the interest rate hike issue. As the Middle East conflict pushes up energy prices, the risk of Canada's inflation remaining high is rising, and monetary policy may need to respond to this.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending