Why the Bank of Canada Will Cut Again This Week - Integrated Mortgage Planners
1 Articles
1 Articles
Why the Bank of Canada Will Cut Again This Week - Integrated Mortgage Planners
Last week, Statistics Canada released our latest inflation data, for December, and the results came in basically as expected. Our Consumer Price Index (CPI) decreased from 1.9% in November to 1.8% in December year-over-year (YoY). The Bank of Canada’s (BoC) most closely watched measures of core inflation, CPI-trim and CPI-median, also decreased slightly to 2.5% and 2.4% YoY respectively. The continued declines in our key inflation gauges came wi…
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