Steady May inflation figures don’t make the case for rate cuts: economists

Economists split on what inflation numbers mean for Bank of Canada rate cut

Inflation growth held steady in May at 1.7 per cent, but economists are split on whether it pushes the Bank of Canada to cut rates. Read on.

Steady May inflation figures don’t make the case for rate cuts: economists

OTTAWA - May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but

Dip in inflation may reflect slowing demand, say economists

They say that while low inflation helps with the cost of living, it may also signal weak consumer spending.

Steady May inflation figures don't make the case for rate cuts: economists - Mortgage Rates & Mortgage Broker News in Canada

May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

What the latest inflation numbers mean for interest rates in Canada

May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates. The annual pace of inflation held steady at 1.7 per cent last month as cooling shelter costs helped tame price pressures, Statistics Canada said Tuesday. Shelter costs rose three per cent in May, StatCan said…