Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike

As expected, Canada’s headline inflation rate fell to a two-year low in May, although the decrease was driving by sharply lower gasoline prices compared to last year. 

As expected, Canada’s headline inflation rate fell to a two-year low in May, although the decrease was driving by sharply lower gasoline prices compared to last year.  Mortgage Rates & Mortgage Broker News in Canada 

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