Ongoing trade tensions, Iran war top concerns for Bank of Canada despite economic growth, deliberations show
Governing council agreed that the main economic risks had heightened since the July Monetary Policy Report
The Bank of Canada was confident in the economy's strength ahead of the latest round of tariffs, but was concerned about sustaining momentum amid inflation risks and trade war uncertainty, according to Financial Post.
In other news, Iran has eased enforcement of social restrictions in recent years, with women in Tehran now able to appear in public without headscarves and in casual clothing, The Korea Times reported. However, hard-liners in Iran's ruling establishment are now calling for a clampdown on women's dressing habits.
The Bank of Canada's concerns come as global trade tensions continue, with Israel and the Netherlands at odds over a Dutch ban on trade in Israeli products from certain territories, Jerusalem Post reported. The ban is set to take effect on September 22.
Brief written by urgent.news from Financial Post, Jerusalem Post, The Korea Times, MyJoyOnline Ghana — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
