Canadian Inflation Higher Than Expected, Odds Of A Rate Cut Fall
Despite the rumors, Canadian inflation is alive and doing well—even with rising unemployment. Statistics Canada (Stat Can) released its latest update to the Consumer Price Index (CPI), showing an unexpected and large jump in May. It was the first surprise reading of the year, and not what the central bank wanted to hear. This move […]
Despite the rumors, Canadian inflation is alive and doing well—even with rising unemployment. Statistics Canada (Stat Can) released its latest update to the Consumer Price Index (CPI), showing an unexpected and large jump in May. It was the first surprise reading of the year, and not what the central bank wanted to hear. This move […]
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