Bank of Canada Governor Macklem said there is a higher risk of broad-based inflation stemming from oil prices.

FirstSquawk10/17, 08:03 PM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

CAD
Would push up
WeeksMedium confidence
Oil-driven inflation risk could limit BoC rate cuts, supporting CAD if confirmed by data

What could change this

If the oil price gains prove temporary, the broad-based inflation pass-through Macklem warned of may not materialize.

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10/15, 04:00 AMNow