Canadian Inflation in January Likely Eased as BoC Contemplates Interest Rate Cut Timing

The first Canadian inflation reading of 2024 out next Tuesday should edge lower on falling energy prices and slower food price growth. We expect the consumer price index to rise 3.2% year-over-year, lower than 3.4% in December. But the underlying details will be closely watched for signs on whether inflation pressures are continuing to trend— […]

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