Canada's inflation rate cools to 2.7% in April, likely giving BoC 'all clear' for June rate cut

Canada’s annual inflation rate slowed to 2.7 per cent in April and measures of core inflation also eased, Statistics Canada said on Tuesday, increasing the odds that the Bank of Canada will start cutting interest rates in June. In its scheduled release of the Consumer Price Index (CPI) Tuesday, ...

Canada's inflation rate cools to 2.7% in April, likely giving BoC 'all clear' for June rate cut
Canada’s annual inflation rate slowed to 2.7 per cent in April and measures of core inflation also eased, Statistics Canada said on Tuesday, increasing the odds that the Bank of Canada will start cutting interest rates in June. In its scheduled release of the Consumer Price Index (CPI) Tuesday, ...