Dip in inflation may not be enough to stop Bank of Canada from raising rates next month

Dip in inflation may not be enough to stop Bank of Canada from raising rates next month

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Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate to slow significantly. Statistics Canada is set to release its consumer price index report for May on Wednesday, providing the most up-to-date inflation…

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