High inflation expectations raise stakes for Bank of Canada ahead of CPI data - Reuters.com
/cloudfront-us-east-2.images.arcpublishing.com/reuters/EAZ332W7HBNKVCOVSI62PNYXNA.jpg)
6/19/2022 12:00:00 AM2 years 10 months ago
The risk of inflation becoming entrenched in Canada's economy is growing, say analysts, as surging prices for gas and other highly visible consumer items undercut efforts by the Bank of Canada to keep expectations for price increases in check.
TORONTO, June 19 (Reuters) - The risk of inflation becoming entrenched in Canada's economy is growing, say analysts, as surging prices for gas and other highly visible consumer items undercut efforts… [+2975 chars]
full article...