Published 7 hours ago • loading... • Updated 5 hours ago

Bank of Canada Hoping for Better Look at ‘Complicated’ Inflation Picture

Statistics Canada is expected to announce its consumer price index for May, with economists predicting inflation to rise to 1.8 per cent year-over-year for last month.
Bank of Canada Governor Tiff Macklem described the current inflation situation as 'complicated' during a speech addressing trade impacts.
Economists, including Benjamin Reitzes of BMO, expect inflation to have modestly increased due to tariffs and food price rises.
The Bank of Canada will analyze inflation reports before its interest rate decision on July 30, considering potential interest rate adjustments if inflation data remains contained.

Insights by Ground AI

Does this summary seem wrong?

30 Articles

All

Left

Center

Right

Toronto Sun

Right

Bank of Canada hoping for better look at ’complicated’ inflation picture

Statistics Canada is expected to publish its consumer price index for May on Tuesday.

5 hours ago·Toronto, Canada

Read Full Article

CTV News

+2 Reposted by 2 other sources

Center

Bank of Canada hoping for better look at ‘complicated’ inflation picture

The Bank of Canada will get a fresh look at national inflation figures this week — a picture that’s been particularly murky as of late amid tax changes and trade wars.

8 hours ago·Canada

Read Full Article