#CanadaInflation #BankofCanada #InterestRateCuts
Canada’s inflation rate slowed faster than expected in February, coming in at 5.2%. The announcement comes as a number of predictions of rate cuts in 2023 are coming in, with the Bank of Canada maintaining its pause and potentially cutting rates by the end of the year.
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Statistics Canada set to releases its latest inflation reading this morning:
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Canadian CPI Preview: Forecasts from five major banks, inflation growth to decelerate:
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Inflation rate drops to 5.2% in February — but grocery prices are still up:
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How soon is the Bank of Canada likely to slash rates?:
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Central banks in a bind over burgeoning financial crisis and inflation:
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Fed Meets as Bank Chaos Collides With Inflation:
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Inflation continues its pullback in Canada, with prices rising 5.2 per cent in February:
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Canada annual inflation rate slows to 5.9% in January:
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Canada’s inflation rate hits 8.1% but early signs suggest peak near:
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Consumer Price Index, February 2023:
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Consumer Price Index statistics, measures of core inflation – Bank of Canada definitions, year-over-year percent change, Canada:
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Canada Inflation Slows to 5.2%, Backing Case for Rate Pause:
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Consumer Price Index, major components and special aggregates, Canada:
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Main contributors to the 12-month and 1-month change in the Consumer Price Index :
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Canadian grocery costs rose 10.6% in February:
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The homeowner horror story: ‘My mortgage is up for renewal.’:
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Mortgage debt taking up a record share of income:
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Toronto rent prices are now up nearly 23 per cent year-over-year. Here is how much a one-bedroom unit costs.:
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Canadian wage growth jumps above 5% in tight labour market:
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Bank of Canada might need to raise rates if companies keep raising prices, Macklem warns:
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