Canadian inflation ticks up to 1.9% in June, boosting expectations of no BoC rate cut in July

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Canadian inflation ticks up to 1.9% in June, boosting expectations of no BoC rate cut in July

theglobeandmail.com/business/article-canadian-inflation-ticks-up-to-19-in-june-boosting-expectations-of-no

Canada’s annual inflation rate ticked up to 1.9 per cent in June and underlying price pressures remained sticky, reinforcing expectations that the Bank of Canada will hold off from cutting interest rates this month.
Statistics Canada reported on Tuesday that the annual rate rose from…

This story appeared on theglobeandmail.com, 2025-07-15 15:15:07.