Business Brief: The inflation gap

The Bank of Canada kept its key lending rate steady, pointing to geopolitical risks while expressing some optimism. The article argues that the central bank’s messaging may not fully reflect the financial strain facing everyday Canadians, creating an uncertain tone around the near-term policy outlook.

Analysis

The Bank of Canada kept its key lending rate steady, pointing to geopolitical risks while expressing some optimism. The article argues that the central bank’s messaging may not fully reflect the financial strain facing everyday Canadians, creating an uncertain tone around the near-term policy outlook.