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?...
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Canadian Inflation Slows, But Will It Be Enough To Change The Interest Rate Outlook?