Business2 sources

Bank of Canada Faces Inflation Dilemma Amid Weak Economy

  • Canada's economy is weak, but inflation is rising.
  • The Bank of Canada must choose between raising interest rates or lowering them.
  • Raising rates could further weaken the economy, while lowering them could worsen inflation.
  • The central bank will decide on this issue on Wednesday.
  • The dilemma is influenced by stubborn inflation caused by oil prices.
Bank of Canada Faces Inflation Dilemma Amid Weak Economy | Split Angle