Quote:
Originally Posted by Slava
Inflation dropped to 2.8% in Canada. It's the fastest decline in thirty years and the drop was primarily led by energy, travel and communications. Food has also declined. At this point, you'd have to expect the BoC to be on hold.
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Apparently without mortgage inflation the rate would be a little under 2%. I don't expect the BoC to be done adjusting rates yet though.