December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of 2025 with U.S. President Donald Trump’s tariff threats still looming over the Canadian economy. Statistics Canada said the annual pace of inflation cooled to 1.8 per cent last month, down one-tenth of a percentage point from November. Anne Gaviola has the story.
Canada
Inflation slows ahead of Bank of Canada’s 1st interest rate decision of 2025
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