‘The elephant in the inflationary room’: Economists react to CPI data - BNN Bloomberg
After Statistics Canada released its consumer price index (CPI) report on Tuesday, showing annual inflation dropped 2.8 per cent with figures appearing softer than expected for a second consecutive month, economists believe the Bank of Canada is on route to cutting interest rates, with shelter price dynamics a major factor to be considered.
After Statistics Canada released its consumer price index (CPI) report on Tuesday, showing annual inflation dropped 2.8 per cent with figures appearing softer than expected for a second consecutive month, economists believe the Bank of Canada is on route to cutting interest rates, with shelter price dynamics a major factor to be considered.
