CPI inflation Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

U.S. inflation eased in June: Good news for Canadian mortgage shoppers

July 11, 2024 No Comments

U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.

Economists predict June rate cut as inflation continues to ease

March 19, 2024 No Comments

Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.

Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say

February 20, 2024 No Comments

The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.

Inflation crept back up in December: “We’re not out of the woods yet”

January 16, 2024 No Comments

For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation rose 3.4% last month, Statistics

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.

Bank of Canada delivers rate hold, but maintains hawkish bias

October 25, 2023 No Comments

The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures.

“No need for further rate hikes” after inflation surprises to the downside

October 17, 2023 No Comments

With Canada’s headline inflation rate once again trending downward, next week’s Bank of Canada rate decision is now looking decidedly more like a rate hold.

Larger and more regular price hikes by businesses keeping inflation “sticky,” says BoC

October 3, 2023 No Comments

The Bank of Canada says larger and more frequent price increases by businesses have contributed to keeping inflation higher than the Bank would like.

Inflation rises more than expected in August, keeping BoC rate hikes in play

September 19, 2023 No Comments

Inflation heated up more than expected in August, raising the odds of yet another Bank of Canada rate hike in October.

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.

CPI inflation