Country Focus
Canada: Weak Growth and Soft CPI Point to More BoC Easing Ahead
Canadian inflation stayed contained in August, reinforcing expectations for BoC easing and supporting overweight bonds and CAD steepeners. Headline CPI edged up to 1.9% y/y from 1.7% on gasoline prices, while CPI ex-gasoline slowed to 2.4% and CPI ex-mortgage…
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