Bank of Canada Deputy Sees ‘Dilemma’ on Trade War, Energy Shock
AI Summary
A senior Bank of Canada official said policymakers face a dilemma as they weigh trade-war effects against inflation from high energy prices. The competing pressures have prompted vigorous discussion within the central bank's rate-setting body.
A senior Bank of Canada official said the central bank’s rate-setting body is in a “dilemma” and having spirited discussions about how to balance the impact of the trade war against the inflation effects of high energy prices.
Politics Markets Commodities Energy Bank of Canada interest rates trade war energy prices inflation monetary policy