Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
- According to deputy governor Sharon Kozicki, the recent ups and downs in the inflation rate are not unusual, and measures of core inflation show that underlying inflation has not eased significantly.
- Economists predict bad news for the central bank as the latest inflation report indicates a climb in inflation for the second consecutive month, but despite this, it is expected that the Bank of Canada will continue holding rates steady.
- The Bank of Canada holds its key interest rate steady after data shows a contraction in the economy in the second quarter, but the possibility of more rate hikes remains open.
18 Articles
18 Articles
Swings in inflation not 'unusual,' but underlying price pressures still high: BoC
Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.
Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row. Statistics Canada reported today that inflation ticked up to four per c...
Swings in inflation not 'unusual,' but underlying price pressures still high: BoC
Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.
Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
REGINA — Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.
Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer price index report showed inflation climbed in August for the second month in a row.
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