Inflation Peaks Then Eases Amid Global Shifts | Montreal News

The Bank of Canada’s latest data reveals a tense economic landscape: Middle East conflict spiked inflation fears, but AI-driven exports and rising commodities are offering hope. Businesses are bracing for recession, consumers are tightening belts, and inflation expectations—peaked in April—are now cooling after a June peace deal. With oil prices falling, the central bank is likely to hold rates steady, caught between boosting growth and taming inflation. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9bd78229cef02974