Canadaâs annual rate of inflation fell in June, Statistics Canada revealed Tuesday, increasing the odds of a Bank of Canada interest rate cut next week.
The consumer price index â a broad-based measure of inflation â was 2.7 per higher in June than a year ago. Thatâs down from 2.9 per cent in May.
Lower prices for gasoline were largely responsible for the June decline.
Tuesdayâs news â combined with other recent economic data â should be enough for the Bank of Canada to cut its key overnight lending rate for a second straight meeting next Wednesday, most economists agreed.
âJuneâs CPI ⊠was a small relief after an upside surprise in May,â said RBC economist Claire Fan. âWe expect the BoC will carry on with easing the monetary brakes on a weak economy, and follow up with another rate cut at its July meeting next week.â
ãã®èšäºã¯ Toronto Star ã® July 17, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Toronto Star ã® July 17, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Taking care of business at home
Reds host fellow bubble team Austin, aiming to end woes at BMO Field
King's Plate runner-up vies for $IM at Woodbine
Heâs firmly among Canadaâs top three-year-olds but My Boy Prince faces a stiff test Saturday at Woodbine Racetrack.
Korda powers early U.S. lead at Solheim Cup
Nelly Korda danced at the urging of teammate Megan Khang as they walked off the first tee together at the Solheim Cup after a pep talk from former U.S. president Barack Obama.
If Dodgers can get playoff relief from Ohtani, they should
When the Dodgers last won the World Series in 2020, the final seven outs were perfectly navigated by a pitcher who had worked out of the bullpen just once that season.
Not alrighty then
How Jim Carrey helped Raptors icon DeMar DeRozan face depression
Latest concussion should be Tua's last
Miami quarterback should retire before life altered forever
Trump or Harris? Putin's preference isn't clear cut
Kremlin's best-case scenario might actually be a contested election
Can joy coexist with suffering?
The idea of coping is central to Annie Baker's 'Infinite Life'
I'll retire when I can't stand to hear my voice'
Superstar singer Andrea Bocelli on his TIFF documentary, his former stage fright and his sadness about Céline Dion's stiff-person syndrome
Condo comes with wrap-around balcony
North York home extends indoor living space to outdoors, overlooks nearby park for $799,900