Canadian Core CPI Delivers Another Warning to the BoC
The Bank of Canada’s core inflation gauges were hot again in high frequency m/m terms last month. Two back-to-back months of hot core gauges support my thesis that the first four-month period this year was a transitory soft patch for inflation and now we’re bouncing back from it. The BoC is still ...
The Bank of Canada’s core inflation gauges were hot again in high frequency m/m terms last month. Two back-to-back months of hot core gauges support my thesis that the first four-month period this year was a transitory soft patch for inflation and now we’re bouncing back from it. The BoC is still ...
