• BOC Minutes: A long trade conflict with US would permanently cut level of GDP

    Source: Buzz FX / 12 Feb 2025 12:40:24   America/Chicago


    - Even if no tariffs imposed, a long period of uncertainty would almost certainly damage business investment
    - 25 bps cut would help support growth and better balance inflation risks
    - Uncertainty due to US tariffs also supported case for a
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