How higher oil prices are complicating the outlook for rates and the economy – BNN Bloomberg

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How higher oil prices are complicating the outlook for rates and the economy

As oil prices stay elevated, the path forward for the Bank of Canada and the U.S. Fed is getting murkier. Derek Burleton, Deputy Chief Economist at TD Bank Group, discusses the impact of higher energy costs on monetary policy and whether it's creating an inflation problem or a growth problem for Canada's economy.

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