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

“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.

“Ups and downs” in inflation not unusual: BoC

September 19, 2023 No Comments

Despite the larger-than-expected rise in inflation in August, the Bank of Canada says that such “ups and downs” are not unexpected.

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.

It’s possible interest rates aren’t high enough: BoC’s Macklem

September 7, 2023 1 Comment

While the Bank of Canada is “encouraged” by the way higher rates are working to slow inflation, Governor Tiff Macklem said it’s possible interest rates aren’t yet high enough.

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.

Inflation accelerated in April. Could that open the door to further rate hikes?

May 16, 2023 1 Comment

Canada’s headline inflation reading ticked up in April, ending a five-month deceleration streak.

Core inflation rose in Canada in November

BoC rate hikes among the leading contributors of inflation now due to mortgage costs

April 21, 2023 3 Comments

The country’s inflation rate may be coming down, but there are still some parts of the economy exerting upward pressure, including, ironically, high inflation rates.

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.

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