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Global News Morning BC

May inflation numbers ticks up to 2.9%

Posted June 25, 2024 10:01 am EST

Updated June 25, 2024 12:39 pm EST

The latest numbers from Statistics Canada show inflation actually climbed in the wrong direction, growing 2.9 per cent in May. Central 1 Credit Union Chief Economist Bryan Yu discusses the ramifications.

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Inflation ticked up to 2.9% in May. Are July rate cut hopes still alive?

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