Sun. Apr 14th, 2024
Canadian Inflation Diverges from U.S., Bank of Canada in a Bind

#bankofcanada #canadainflation #canadianeconomy
Canada’s inflation rate surprised to the downside in February, diverging from the United States and presenting the Bank of Canada with a real problem: Cut and see the Dollar devalue (pushing inflation up) or keep rates high amid a worsening economy.


Speech by Senior Deputy Governor Rogers / Discours de la première sous-gouverneure Rogers: />
Statistics Canada to release February inflation report today:

Canada CPI Preview: Forecasts from five major banks, inflation likely increased in February:

Canada's inflation unexpectedly fell to 2.8% in February amid slower grocery price growth:

Return to 2% inflation rate could be a bumpy one. Here’s why:

Policy interest rate:

Canada's February inflation slows unexpectedly, ramping up June rate cut bets:

Consumer Price Index, February 2024: />
Main contributors to the 12-month and 1-month change in the Consumer Price Index:

Traders Boost Odds of June Rate Cut as Canada Inflation Cools:

Canada 5 Year Government Bond: />
U.S. inflation ticked up in February, driven by higher rent and gas prices:

The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says:

U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024:

Federal Reserve may signal fewer interest rate cuts in 2024 after strong inflation reports:

The BoC’s Shelter Inflation Problem:

The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement:

Inflation frustration may prompt Fed to dial back rate-cut outlook:

Canadian Dollar/U.S. Dollar:

Fed will have to keep rates high for longer than markets anticipate, say economists:

Canadian economy not in recession, but 2023 was one of its weakest recent years:

Bank of Canada urged to move 'aggressively' on interest rate cuts:

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