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Fundamental Analysis Posted 8 hours ago

Bank of Canada Governor Warns of Broad Inflation Risk from Oil

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Macklem signals concern that rising oil prices pose a risk of broad-based inflation transmission across the Canadian economy. This comes after Canadian employment fell sharply and retail sales accelerated—raising the question of whether the BoC will need to keep rates higher for longer. Traders watch for shifts in the central bank's rate-cut expectations.
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8 hours ago

Canada Governor: High Oil Prices Supporting Growth Outlook

Bank of Canada Governor Macklem signals that elevated oil prices are providing tailwinds to Canadian economic growth, following recent retail-sales strength and inflation warnings. CAD sensitivity to crude remains the key driver; this commentary feeds into broader central-bank repricing as energy costs reshape growth and inflation expectations across G10 peers.

https://x.com/FirstSquawk/status/2111442989482668488
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