COMMENT-Canadian CPI sets stage for a dovish BoC pivot
An unambiguously dovish Canadian inflation report could set the stage for a Bank of Canada pivot at the April meeting, potentially to tee up a June rate cut or even to cut as soon as April. Currently, markets now see a 75% chance of a June cut, up from 50% pre-CPI (0#BOCWATCH). While headline infla…
An unambiguously dovish Canadian inflation report could set the stage for a Bank of Canada pivot at the April meeting, potentially to tee up a June rate cut or even to cut as soon as April. Currently, markets now see a 75% chance of a June cut, up from 50% pre-CPI (0#BOCWATCH). While headline infla…
