Saturday, 16 November 2024

Canadian Inflation in Focus as BoC Considers Additional Rate Cuts

by BD Banks

Canada’s inflation report for October will be in the spotlight on Tuesday after falling below the Bank of Canada’s 2% target for the first time since 2021 in September. Headline inflation likely edged back to 2% from a smaller annual decline in energy prices (-2.8% vs. -8.3% in September). Meanwhile, food price growth likely held […]

The post Canadian Inflation in Focus as BoC Considers Additional Rate Cuts appeared first on Action Forex.

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