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Sticky Core inflation in Canada Argues for BOC to Remain on Hold

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    So far this year, Canada's core inflation rate has only fallen be-low 2% for one month. The Bank of Canada attributes some of the rise in prices to the pass-through from the currency's weakness and reasons that a stable currency sets up for this impact to lessen going forward. Of[​IMG]

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