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Canadian June CPI data due today - is it just a placeholder?

Canadian June CPI data due today - is it just a placeholder?
The June inflation data from Canada follows only days after the latest move from the Bank of Canada:Bank of Canada raises rates by 25 basis points to 5.0%Bank of Canada's Macklem: Our forecast has inflation moving around 3% most of next yearScoita is not expecting a lot from the event:Canada will update CPI inflation for the month of June on Tuesday. This one is probably just a placeholder that may spark some market volatility but without settling anything in terms of positioning for the Bank of... Read More
Posted: Jul 18 2023, 01:56
Author Name: forexlive
Views: 110661

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