-
BoC Summary of Governing Council deliberations: Fixed announcement date of March 18, 2026
Governing Council began its deliberations by discussing recent developments in the global economy and the implications for the outlook. Global growth had continued to track at about 3%, as had been expected in the January Monetary Policy Report. However, the start of the war in Iran had increased uncertainty around the global outlook. Energy prices had risen sharply, which will boost inflation around the world. Members agreed that the impact of the conflict on global growth and inflation will depend on the duration of the conflict and the extent to which it spreads across the Middle East. Members also noted a new ... (full story)
-
Just in | Minutes Reveal Governing Council's Concerns Over Rising Gas Prices and Persistent Inflation Impacting Inflation Expectations.
— Markets Capital (@MarketsCapApp) April 1, 2026
-
BoC's Meeting Minutes: The governing council agreed to keep options open
— FinancialJuice (@financialjuice) April 1, 2026
BoC Governing Council felt that in the near term, risks to growth looked tilted towards the downside, whereas the oil price shock represented additional upside risk to inflation.