Core Inflation
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Bank of Canada worried about raising hopes for rate cuts in latest decisionThe Bank of Canada’s governing council worried that the decision to hold rates steady on Sept. 6 could be 'misinterpreted' as a sign that the rate tightening cycle was finished.MoneySep 20, 2023
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Economists cry foul over Bank of Canada revisions to key inflation gaugeThe Bank of Canada's revisions to one of its core metrics to track underlying inflation have sent a "misleading signal" to policymakers, BMO's chief economist argues.EconomyOct 4, 2022
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Inflation may have been limited if COVID-19 stimulus was lifted earlier: Bank of CanadaDeputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic.EconomySep 20, 2022
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Inflation slowed on lower gas prices in August, but cost of food still surgingThe latest Consumer Price Index showed annual inflation slowed in August as Statistics Canada said prices at the gas pumps continued to fall.EconomySep 20, 2022
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What is ‘core inflation’? This key figure could gauge future interest rate hikesEconomists say the Bank of Canada will keep a close eye on 'core inflation' on Tuesday when the latest Consumer Price Index is released. So what is it, and why does it matter?ConsumerSep 19, 2022
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How high will Bank of Canada raise rates? Economists are watching this metric to seeEconomists say the level of underlying or core inflation will be a key factor in determining how high the Bank of Canada takes interest rates in the months to come.MoneySep 14, 2022
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