Yes, Inflation May Have Peak But “Remains Far Too High”

Sometimes the obvious needs to be said. And that is exactly what the BOC’s deputy governor said in his op-ed by stating inflation “remains far too high”. Despite CPI falling to 7.6% y/y from 8.1% and core CPI down to 6.1% y/y from 6.2%, the Canadian dollar was higher on the day. But it also […]

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