🇨🇦🚨 BANK OF CANADA WARNS: U.S. TARIFFS COULD HIT GROWTH
New U.S. tariffs could push Canada’s Q4 economic growth below 1%, according to BoC Governor Tiff Macklem.
📊 Key points:
📉 Q4 growth could be below 1% if tariffs remain
🇨🇦 Q2 growth rebounded to 3.3% annualized
🔥 Inflation is already 3%, above the BoC’s 2% target
🛢️ Oil near $100/barrel could add further inflation pressure
🏭 Businesses may delay investment and hiring
🔄 Companies are changing supply chains to reduce tariff exposure
🤖 AI adoption is increasing, but productivity gains may take time
⚠️ Rate dilemma: Tariffs could weaken growth, while higher energy prices could keep inflation elevated.
👀 Will Canada face slower growth without enough inflation relief?
Trade Here 👉 $APT | $BTC | $CFX
#CanaryFilesSecondAmendmentForStakedSEIETF #SolanaCutsTargetSlotTimeTo250ms #SouthAfricaProposesCryptoExchangeControls #StreamerClub #Write2Earn
New U.S. tariffs could push Canada’s Q4 economic growth below 1%, according to BoC Governor Tiff Macklem.
📊 Key points:
📉 Q4 growth could be below 1% if tariffs remain
🇨🇦 Q2 growth rebounded to 3.3% annualized
🔥 Inflation is already 3%, above the BoC’s 2% target
🛢️ Oil near $100/barrel could add further inflation pressure
🏭 Businesses may delay investment and hiring
🔄 Companies are changing supply chains to reduce tariff exposure
🤖 AI adoption is increasing, but productivity gains may take time
⚠️ Rate dilemma: Tariffs could weaken growth, while higher energy prices could keep inflation elevated.
👀 Will Canada face slower growth without enough inflation relief?
Trade Here 👉 $APT | $BTC | $CFX
#CanaryFilesSecondAmendmentForStakedSEIETF #SolanaCutsTargetSlotTimeTo250ms #SouthAfricaProposesCryptoExchangeControls #StreamerClub #Write2Earn
