'Too soon to rule out' 50 bps interest rate cut: Economists on Canada's inflation numbers

Biztoc.com - 19 noiembrie 2024

'Too soon to rule out' 50 bps interest rate cut: Economists on Canada's inflation numbers

Inflation in October came in at two per cent, back to the Bank of Canada’s target, but accelerating faster than economist predictions of 1.9 per cent year over year and higher than the 1.6 per cent recorded in September. Statistics Canada’s consumer price ind…

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