Canada, December and inflation
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
The Canadian Press on MSN2d
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cutsCanada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
Money markets, many economists, predict a 25-basis point cut to the Bank of Canada's key interest rate at its meeting next Wednesday.
Surging egg prices are the first sign that inflation has returned. Threatened tariffs would boost the prices of many goods and services.
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