A post by @FirstSquawk on X.
BANK OF CANADA MINUTES: BUSINESSES ARE FACING HIGHER COSTS FROM NON-ENERGY IMPORTS, SUCH AS SEMICONDUCTORS AND COMPUTER COMPONENTS
@FirstSquawk on X
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The Bank of Canada’s minutes flagged that businesses are absorbing higher costs from non-energy imports, specifically semiconductors and computer components. The note highlights input-cost pressure beyond energy, keeping attention on imported goods as a potential inflation channel. Policymakers are watching whether these cost increases pass through to consumer prices. Markets will look to upcoming inflation and business-cost data for confirmation.
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Named in this story
Bank of Canada, semiconductors, computer components