Stubborn inflation likely to keep BoC busy – Commerzbank BOC Inflation Canada USDCAD Banks
stayed unchanged at 6.9% as expected. The continued risks of inflation are likely to keep the Bank of Canada busy, according to economists at Commerzbank.“The overall rate remained stable at 6.9%, the core rates rose slightly as expected. The continued risks of inflation are likely to keep the Bank of Canada busy.”
“A step of at least 25 bps seems to be expected for the coming meeting in December, with some clearly expecting a bigger step. That is hardly surprising, as recent data on the economy, labour and property market was more robust than expected. The market seems to have partially priced in a 50 bps rate step.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
GBP negative arguments remain valid – CommerzbankChancellor Jeremy Hunt is under particular scrutiny when he delivers his statement to the House of Commons today. Although the Autumn Statement could
Consulte Mais informação »
Really quite strong Retail Sales needed to provide sustainable support for the Dollar – CommerzbankToday, October Retail Sales will be featured in the US economic docket. In the view of economists at Commerzbank, even a strong figure could not be en
Consulte Mais informação »
EURUSD to tick down as geopolitical tensions are likely to run high – CommerzbankEURUSD fell sharply yesterday evening amid escalating geopolitical tensions. The Euro is set to be more vulnerable than the Dollar to an escalation of
Consulte Mais informação »
Canadian CPI Preview: Forecasts from four major banks, a detour from the path towards slower inflationStatistics Canada will release October Consumer Price Index (CPI) data on Wednesday, November 16 at 13:30 and as we get closer to the release time, he
Consulte Mais informação »
Nickelback to Be Inducted Into Canadian Music Hall of Fame at 2023 Juno AwardsNickelback will be inducted into the Canadian Music Hall of Fame at the 2023 Juno Awards.
Consulte Mais informação »
2023 Kia Niro: Canadian pricing announced | Car News | Auto123Pricing for the redesigned 2023 Kia Niro has been shared by Kia Canada, with the model getting a starting MSRP of $29,995 for the HEV version. Auto123.
Consulte Mais informação »