The Bank of Canada left its policy rate at 0.25% this morning and sent a clear message to markets that the overnight rate would stay at that level until its inflation objective is achieved. This comes after speculation in recent… Read More ›
Canadian Inflation
E-Sight December 16: Canadian Inflation Inches Higher, Revised Deloitte Economic Forecast to be Released Tomorrow
Canadian price growth continues to slowly accelerate from recent lows, with the Consumer Price Index (CPI) increasing 1.0% in November, a 0.3 percentage point increase from the 0.7% growth observed in October. Gasoline continues to post sharp year-over-year price declines… Read More ›