Inflation Data Slows Further
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•Inflation data likely to show further slowing, partly due to GST break
83% Informative
Inflation data likely to show further slowing, partly due to GST break: economists.
RBC expects that’s largely driven by slower food price growth, which will offset any rise in energy prices.
The Bank of Canada has been cutting its key interest rate aggressively to ease the pressure on the economy.
This report by The Canadian Press was first published Jan. 19, 2025 . Rosa Saba , The Canadian Press .
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