Canadian Dollar drifting ahead of CPI release
Canada’s inflation rate expected to fall to 2.9%. Fed members push back against rate cut expectations.
![Canadian Dollar drifting ahead of CPI release](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDCAD/one-hundred-canadian-dollar-bills-5599431_Large.jpg?#)
![](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDCAD/one-hundred-canadian-dollar-bills-5599431_Large.jpg)
Canada’s inflation rate expected to fall to 2.9%. Fed members push back against rate cut expectations.