BUSINESSCBC NEWS
Iran war drove inflation expectations up, hurt business confidence: BoC
The Iran war negatively impacted business confidence and increased inflation expectations, according to the Bank of Canada's latest business outlook surveys. The central bank attributed these economic effects to the conflict.
Related Signal
Adjacent reporting
- How the Iran war affects Americans' inflation expectations
- HSBC says Iran war is hitting confidence as businesses warn over economic risks
- IMF says Iran war "halted" global economic momentum, expects hotter inflation
- Inflation skyrockets as Iran war impacts U.S. economy
- Bank of Canada Surveys Show War Hitting Inflation Expectations
- This hidden cost of the Iran war hits the stock market even harder than inflation