Bank of Canada Officials Say Uncertainty Doesn’t Rule Out Hikes
AI Summary
Bank of Canada officials say elevated oil prices and the ongoing trade dispute with the United States do not rule out further interest-rate increases. Their comments highlight uncertainty around the economic outlook and monetary policy.
Bank of Canada officials said that major uncertainties posed by higher oil prices and the ongoing trade war with the US won’t necessarily keep them from hiking interest rates.
Politics Markets Commodities Energy Bank of Canada interest rates oil prices trade war monetary policy economic uncertainty