Canadian CPI in focus after as BoC's Macklem signals potential for faster rate cuts
Canadian inflation data is set to take center stage today, particularly after dovish signals from BoC Governor Tiff Macklem hinted at the potential for accelerated monetary easing should the economy weaken further. Progress in disinflation could provide the BoC with more leeway to shift toward a more aggressive policy stance.
Canadian inflation data is set to take center stage today, particularly after dovish signals from BoC Governor Tiff Macklem hinted at the potential for accelerated monetary easing should the economy weaken further. Progress in disinflation could provide the BoC with more leeway to shift toward a more aggressive policy stance.
