Country Focus
Canada: Cooling CPI And Soft Labor Keep Risks Tilted Lower
Fade 2026 hike pricing through CAD steepeners as cooling CPI and softening labor conditions keep downside risks for rates and GoC yields. Canadian November CPI came in cooler than expected: Headline held at 2.2% y/y while core measures eased to 2.8% from 3.0%…
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