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Country Focus

Canadian Inflation Cools Within Target

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Canadian January CPI came in cooler than expected, with inflation remaining within the BoC’s target range. Headline fell to 2.3% y/y from 2.4%, while core cooled to 2.4% from 2.5%. The average of the Bank of Canada’s core measures declined to 2.5%. The…

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