The Bank of Canada held its key interest rate at 2.25% for the seventh consecutive decision today, as Governor Tiff Macklem warns that high oil prices caused by the war in Iran could be a bigger inflation risk than the U.S. trade war. Vassy Kapelos speaks with RBC Chief Economist Frances Donald.

Listen to The Vassy Kapelos podcast on the iHeart radio app, Apple Podcasts, Spotify, or wherever you listen to your podcasts. Follow us on Twitter at @VassKapelosShow and on Instagram at @VassyKapelosShow.

<p>The Bank of Canada held its key interest rate at 2.25% for the seventh consecutive decision today, as Governor Tiff Macklem warns that high oil prices caused by the war in Iran could be a bigger inflation risk than the U.S. trade war. Vassy Kapelos speaks with RBC Chief Economist Frances Donald.</p>
<p>Listen to The Vassy Kapelos podcast on the iHeart radio app, Apple Podcasts, Spotify, or wherever you listen to your podcasts. Follow us on Twitter at @VassKapelosShow and on Instagram at @VassyKapelosShow.</p>