BOC Deputy Gov. Gravelle is speaking and says:
- A Trump tariff on exports would have a big negative impact on economic growth.
- There would likely be an inflation impact at the same time that we have a slowdown in the economy, so that puts a central bank in a very complicated space.
- We’ve lost roughly up to C$9 billion on our assets, will be recouped by 2029
This article was written by Greg Michalowski at www.forexlive.com. Source