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Bank of Canada's Kozicki: Big drivers in August CPI inflation was energy & gasoline prices
Bank of Canada Deputy Gov. Sharon Kozicki is speaking and says:One of the big drivers in August CPI inflation was energy and gasoline prices. They can be pretty volatileIt will take a lot of time to sort through the inflation data, given what's going on underneathEnergy prices on their own, if it's temporary, is something that gets much less weight because we are concerned about the underlying inflationThe USDCAD fell ahead of the CPI, and shortly after the CPI data today, but then started a reb...
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Posted: Sep 19 2023, 18:45
Author Name: forexlive
Views: 112562