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Breaking Posted 3 hours ago

BoC Governor Macklem: Oil drop eases inflation upside risk

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Bank of Canada Governor Macklem stated that falling oil prices reduce upside inflation risks for Canada. Lower energy costs typically ease producer and consumer price pressures, supporting a dovish monetary policy outlook. USD/CAD and CAD pairs may strengthen as rate-cut expectations potentially increase.
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3 hours ago

BoC Governor Macklem flags food inflation as ongoing concern

Bank of Canada Governor Macklem highlighted food inflation as a persistent concern during recent remarks. The comment underscores BoC focus on sticky price pressures beyond headline figures, signaling potential hawkish bias in policy decisions. CAD may strengthen on expectations of sustained higher-for-longer rates.

https://x.com/financialjuice/status/2069438915367276574
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@asuquokelvin · 1 hour ago

Macklem sounds soft. CAD could weaken if oil keeps dripping

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