measures of core inflation Archives - Mortgage Rates & Mortgage Broker News in Canada

National bank analysis of core inflation measures

Bank of Canada could be underestimating its inflation progress, says National Bank

April 29, 2024 No Comments

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

March 19, 2024 No Comments

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.

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

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.

“No need for further rate hikes” after inflation surprises to the downside

October 17, 2023 No Comments

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.

Inflation rises more than expected in August, keeping BoC rate hikes in play

September 19, 2023 No Comments

Inflation heated up more than expected in August, raising the odds of yet another Bank of Canada rate hike in October.

Inflation falls below 3%, but core measures still proving “sticky”

July 18, 2023 No Comments

Canada’s headline inflation reading took another step towards the magic 2% figure by slowing to an annual rate of 2.8% in June.

A dive into the latest inflation results…too soon to celebrate?

February 22, 2023 No Comments

On the surface, the Consumer Price Index data for January looks like inflation has finally been defeated. But soaring food prices and mortgage interest costs are continuing to take a bite out of household finances.

measures of core inflation