US tariffs pose risk to Canada’s rate path – IMF
Bank of Canada should be prepared to cut rates if growth falters
Uncertainty arising from the US trade tariffs could pose a problem for the Bank of Canada’s monetary policy plans, the International Monetary Fund has warned.
In Canada’s latest Article IV report, IMF staff say further increases in interest rates remain “warranted”, and would help economic activity return to normal levels while providing much-needed policy space in the event of a downturn.
However, “elevated levels” of uncertainty relating to US tax and trade policies may increase Canadian
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