Brace for another Bank of Canada rate hike: What economists say about the latest inflation report

Brace for another Bank of Canada rate hike: What economists say about the latest inflation report

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“The Bank (of Canada) will still be pleased to see that the CPI rose by just 0.1 per cent month over month this May and that the monthly gains in CPI-trim and CPI-median (the bank’s preferred inflation measures) each slowed to 0.2 per cent,” Stephen Brown, deputy chief North American economist at…

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