Comments on: Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report https://www.canadianmortgagetrends.com/2024/11/odds-of-second-50-bps-bank-of-canada-rate-cut-drop-after-stronger-inflation-report/ News on Canadian mortgages, mortgage brokers, and mortgage rates. Wed, 20 Nov 2024 15:45:33 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Curtis https://www.canadianmortgagetrends.com/2024/11/odds-of-second-50-bps-bank-of-canada-rate-cut-drop-after-stronger-inflation-report/#comment-56431 Wed, 20 Nov 2024 15:45:33 +0000 https://www.canadianmortgagetrends.com/?p=58138#comment-56431 Everyone talking about inflation increasing isn’t looking at the actual data. Almost every bucket came in at or below expectations, it was the Alberta fuel tax (because oil is so low) that drove up inflation for the entire country. The metrics that matter, that are going to cause businesses to fail unless we stimulate the economy, are still in dire shape.

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