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Canadian Inflation Prints to Show Another Step Down in April

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Next week’s Canadian April inflation report will be the last major data release before the Bank of Canada’s next interest rate decision on June 5th. Absent an upside surprise, we think the soft conditions in the economy and labour markets should warrant a 25-bps interest rate cut from the BoC in June. In April, we […]

The post Canadian Inflation Prints to Show Another Step Down in April appeared first on Action Forex.

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