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Country Focus

BoC Cuts Pushed To Fall As Inflation Rebounds

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Canada’s inflation re-acceleration makes a BoC July cut unlikely, but softening growth and tight financial conditions keep easing on the table. June headline inflation rose to 1.9% y/y from 1.7%, roughly in line with expectations. Core trim and median…

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