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Bank of Canada won’t be pleased with July inflation data, but rate hold still expected

August 15, 2023 No Comments

Economists say the Bank of Canada likely won’t be pleased with July’s headline inflation reading, which came in hotter than expected.

Inflation falls below 3%, but core measures still proving “sticky”

July 18, 2023 No Comments

Canada’s headline inflation reading took another step towards the magic 2% figure by slowing to an annual rate of 2.8% in June.

Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike

June 27, 2023 No Comments

As expected, Canada’s headline inflation rate fell to a two-year low in May, although the decrease was driving by sharply lower gasoline prices compared to last year.

A dive into the latest inflation results…too soon to celebrate?

February 22, 2023 No Comments

On the surface, the Consumer Price Index data for January looks like inflation has finally been defeated. But soaring food prices and mortgage interest costs are continuing to take a bite out of household finances.

“Sticky” inflation raises the odds of another 75-bps rate hike

October 19, 2022 No Comments

Markets raised the odds of another 75-bps rate hike by the Bank of Canada next week following the release of September’s inflation data.

CPI

Bank of Canada won’t be pleased with July inflation data, but rate hold still expected

Inflation falls below 3%, but core measures still proving “sticky”

Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike

A dive into the latest inflation results…too soon to celebrate?

“Sticky” inflation raises the odds of another 75-bps rate hike

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