Posthaste: Stagflation the wildcard in hopes for Bank of Canada interest rate cut, economist says

Posthaste: Stagflation the wildcard in hopes for Bank of Canada interest rate cut, economist says

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“Combined, these two dynamics make Canada’s economy more susceptible to mild stagflation conditions,” he said in an analysis, following the release of December’s consumer price index data, which showed the pace of inflation accelerated 3.4 per cent year over year, up from 3.1 per cent in November.…

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