Stagflation: Higher Inflation, Weak Economy
This is a Alberta news story, published by calgaryherald, that relates primarily to The Bank of Canada news.
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tariffscalgaryherald
•Business
Business & Economics
Varcoe: Rising prices or slowing economy — Bank of Canada faces test picking priority amid tariff war
71% Informative
Canada 's year-over-year inflation rate increased to 2.6% in February , up from 1.9% in January .
Tiff Macklem: Tariffs combined with retaliatory tariffs means a weaker economy and higher inflation.
The Bank of Canada lowered its policy rate by 25 basis points last week , the seventh consecutive reduction since June .
There are increasing signs of a bumpy road ahead for the Canadian economy.
The OECD scaled back its projection of global economic growth to 3.1 per cent this year .
In Alberta , ATB Financial expects stronger GDP growth than in the rest of the country.
Alberta ’s small business confidence over the long term fell to its lowest point since it began tracking it.
VR Score
78
Informative language
78
Neutral language
54
Article tone
informal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5