Bloomberg Television
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Trade War Will Raise Inflation, Says Bank of Canada
Posted
March 12, 2025
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March 12, 2025
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0:26Now PlayingThe Bank of Canada cut interest rates by a quarter percentage point to 2.75%, citing the trade battle with the US as a "new crisis" that could have a severe economic impact. Governor Tiff Macklem says the trade war is expected to "weigh on economic activity while also
increasing prices and inflation."
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