core inflation
June rate cut still a “close call” despite lower inflation in April
Canada’s headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.
Bank of Canada could be underestimating its inflation progress, says National Bank
While the Bank of Canada is closely monitoring inflation to gauge when it can start lowering interest rates, National Bank says the Bank’s methodology is flawed.
Economists predict June rate cut as inflation continues to ease
Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.
Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say
The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.
The Bank of Canada’s fight against inflation isn’t over as progress stalls in November
Despite expectations that inflation would dip below 3% in November, headline inflation instead stalled, remaining unchanged from October.
Rate cut odds steepen after weak October inflation data
Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.
The Bank of Canada’s latest rate hold wasn’t unanimous, meeting minutes show
While the Bank of Canada’s rate hold last month was a welcome reprieve for borrowers, minutes from the meeting show the decision wasn’t a unanimous one.
“No need for further rate hikes” after inflation surprises to the downside
With Canada’s headline inflation rate once again trending downward, next week’s Bank of Canada rate decision is now looking decidedly more like a rate hold.
“Ups and downs” in inflation not unusual: BoC
Despite the larger-than-expected rise in inflation in August, the Bank of Canada says that such “ups and downs” are not unexpected.