Core inflation spurs traders to pare bets on Canada rate cuts - BNN Bloomberg
Canada’s core inflation measures rose at a faster pace than expected while the headline rate also ticked up due to base effects, underscoring the challenging final stretch of the central bank’s campaign to restore price stability.
![Core inflation spurs traders to pare bets on Canada rate cuts - BNN Bloomberg](https://www.bnnbloomberg.ca/polopoly_fs/1.2022400!/fileimage/httpImage/image.jpg_gen/derivatives/landscape_620/statistics-canada.jpg?#)
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Canada’s core inflation measures rose at a faster pace than expected while the headline rate also ticked up due to base effects, underscoring the challenging final stretch of the central bank’s campaign to restore price stability.