Desjardins economists say surging energy prices tied to the Iran conflict are expected to push inflation higher through 2026, adding new uncertainty to the Bank of Canada’s rate path and mortgage-rate outlook.
Iran conflict could push inflation back above 3%: Desjardins

Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our Privacy Policy.
Related posts
View All
Why 3% mortgage rates are key to unlocking Canada’s housing demand
Borrowers are pausing purchases, waiting for rates to hit the affordability sweet spot
Read More
Traders’ bets on Fed cut by June reinforced by softer inflation
Bond traders’ expectations were bolstered for the Federal Reserve to lower interest rates by mid-year after a weaker-than-expected U.S. inflation reading.
Read More
EQB buying PC Financial from Loblaw
Deal estimated at $800m, marks big step in credit-card market
Read More