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Why the Bank of Canada Will Cut Again This Week - Integrated Mortgage Planners

Summary by integratedmortgageplanners.com
Last week, Statistics Canada released our latest inflation data, for December, and the results came in basically as expected. Our Consumer Price Index (CPI) decreased from 1.9% in November to 1.8% in December year-over-year (YoY). The Bank of Canada’s (BoC) most closely watched measures of core inflation, CPI-trim and CPI-median, also decreased slightly to 2.5% and 2.4% YoY respectively. The continued declines in our key inflation gauges came wi…
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Why the Bank of Canada Will Cut Again This Week - Integrated Mortgage Planners

Last week, Statistics Canada released our latest inflation data, for December, and the results came in basically as expected. Our Consumer Price Index (CPI) decreased from 1.9% in November to 1.8% in December year-over-year (YoY). The Bank of Canada’s (BoC) most closely watched measures of core inflation, CPI-trim and CPI-median, also decreased slightly to 2.5% and 2.4% YoY respectively. The continued declines in our key inflation gauges came wi…

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integratedmortgageplanners.com broke the news in on Monday, January 27, 2025.
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