Following a significant easing of monetary policy from mid-2024 to early 2025, the Bank of Canada has since been on pause with US tariffs creating an uncertain global economic outlook and core measures of inflation elevated around 3%. A recent string of weak economic data, however, has increased the likelihood of additional rate cuts through the re...
September saw the release of critical reports on the US economy, centered on two questions that the Federal Reserve has been deeply wrestling with.
Over the summer, inflation appeared to be reaccelerating as tariffs filtered through to consumer prices, even as the long-resilient labor market showed signs of significant weakening. That combination po...
With today’s release of Consumer Price Index (CPI) data from Statistics Canada, the annual rate of inflation in Canada ticked up to 1.9%, but remained below the Bank of Canada’s 2.0% target for the fifth consecutive month. Headline inflation continues to benefit from the removal of the consumer carbon tax in April, which will affect the rate of inf...
