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Bank of Canada Governor: Inflation to Edge Up in Coming Months if Oil Stays Near $100
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Bank of Canada Governor Tiff Macklem stated that if oil prices remain near $100 per barrel, the central bank expects inflation to rise slightly in the coming months. The forecast is conditional on sustained high oil prices and reflects the Bank of Canada's assessment of potential upward pressure on consumer prices from energy costs. Macklem's remarks indicate that the central bank is monitoring commodity price developments as a key factor in its inflation outlook, which could influence future monetary policy decisions. The statement was reported by financial news outlet Jin10.
Source report
Bank of Canada Governor Tiff Macklem stated that if oil prices remain near the $100 per barrel level, the central bank expects inflation to rise slightly in the coming months.
Source
金十数据Neutral / independent
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