Bank of Canada Governor Macklem says inflation poised to ease gradually with oil price decline

The Bank of Canada is preparing to announce its rate decision, with Governor Macklem leading the communication. This decision is expected to significantly influence investor strategies and economic forecasts. Additionally, Governor Macklem stated that inflation is poised to ease gradually, driven by a decline in oil prices. While this trend could stabilize economic growth, he warned that persistent geopolitical tensions remain a risk that could potentially disrupt the current trajectory and future policy plans.