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Country Focus

Canada’s Fading Inflation Pulse

by Felix Vezina-Poirier, Chief Strategist  

Canadian June inflation came in colder than estimates, reinforcing the case for fading CORRA pricing. Headline CPI ticked down to 2.8% y/y, within the Bank of Canada’s 1%-to-3% target range. The BoC’s preferred core measures also cooled, with median down to 1…

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