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CAD Press Release Brief: Bank of Canada - Monetary Policy Report—April 2026

Moderate growth due to US tariffs and transitory inflation from Mideast war, projected to ease by 2027, imply a patient BoC stance and po...

The Bank of Canada's April 2026 Monetary Policy Report projects the Canadian economy will experience moderate growth as it adjusts to US tariffs. The report notes that inflation has risen due to higher oil prices stemming from the war in the Middle East, but forecasts it will ease back to the 2% target by 2027.

Original release: Mon

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