Canada Inflation Throws Another Curveball: Core CPI Spikes Month-to-Month, Most since 2022
When the Bank of Canada cut its policy rates by 25bps earlier in June, it based that cut on the inflation rates that had cooled sharply, and it based further cuts on these trends continuing.
When the Bank of Canada cut its policy rates by 25bps earlier in June, it based that cut on the inflation rates that had cooled sharply, and it based further cuts on these trends continuing.
