Bank of Canada Reports Decreased Risk of Global Trade Conflict

Reported 1 day ago

The Bank of Canada announced on July 30, 2025, that the likelihood of a severe global trade conflict has decreased since April, with clearer expectations regarding U.S. tariffs. However, the bank refrained from issuing regular economic forecasts due to uncertainties in U.S. trade policy, presenting three potential scenarios for economic growth and inflation through 2027 based on varying tariff conditions.

Source: YAHOO

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