Canada’s Strong September CPI Cast Doubts on Potential BOC Cut
Canada’s September CPI report reflected hotter than expected inflationary pressures for the month, leading market players to tone down dovish BOC expectations. Headline inflation rate rose to 2.4% year-over-year in September, up from 1.9% in August, as gasoline prices declined less sharply and travel tour costs rebounded. On a month-over-month basis, headline CPI rose 0.1% instead of dipping by…











