Expected slow return to Bank of Canada's inflation target defuses rate-cut bets - The Globe and Mail


8/18/2022 12:00:00 AM2 years 8 months ago
by Fergal Smith

Canadian inflation is not likely to return to the central bank’s 2% target until 2024

Canadian inflation is not likely to return to the central banks 2% target until 2024 after possibly peaking in June, as less volatile items like wages and rent displace energy as key sources of price… [+2577 chars]

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