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FLCA - Canadian Inflation Slows But Will It Be Enough To Change The Interest Rate Outlook?
Franklin FTSE Canada
2024-02-21 14:10:00 ET
Summary
Canadian CPI falls more than expected.
What softer CPI may mean for the Bank of Canada?
Canada reports weak CPI for January, but will it be enough to move the interest rate needle?
Transcript
Greg Bonnell: Canadian consumer price pressures eased more than expected in January. Motorists were paying less at the pumps. And so with headline inflation now below 3%, does that bring us any closer to the Bank of Canada cutting rates?...