First Squawk(@FirstSquawk):AHEAD OF THE BANK OF CANADA'S SEPT. 2 RATE ANNOUNCEMENT, THE GOVERNING COUNCIL AGREED NEAR-TERM INFLATION WAS LIKELY TO REMAIN ELEVATED, CITING THE PERSISTENTLY HIGH PRICE OF GASOLINE AND SAYING THE IRAN CONFLICT HAD RAISED MARKET EXPECTATIONS FOR OIL PRICES, WITH MEMBERS SEEING A HIGHER RISK OF INFLATION SPREADING TO NON-ENERGY GOODS AND SERVICES

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First Squawk@FirstSquawk

2026.09.16 17:31

AHEAD OF THE BANK OF CANADA'S SEPT. 2 RATE ANNOUNCEMENT, THE GOVERNING COUNCIL AGREED NEAR-TERM INFLATION WAS LIKELY TO REMAIN ELEVATED, CITING THE PERSISTENTLY HIGH PRICE OF GASOLINE AND SAYING THE IRAN CONFLICT HAD RAISED MARKET EXPECTATIONS FOR OIL PRICES, WITH MEMBERS SEEING A HIGHER RISK OF INFLATION SPREADING TO NON-ENERGY GOODS AND SERVICES - MINUTES