This inflation could nudge Bank of Canada to cut interest rates ...Middle East

Breadcrumb Trail Links News Soon ‘shelter costs’ will be the only price pressure that’s above target, says CIBC Published Nov 13, 2023  •  4 minute read Rising interest rates have increased shelter costs in Canada. Photo by Jim Wells/Postmedia Article content Article content The Bank of Canada has been trying for almost two years to tame inflation and we are still not able to say, battle won. The uncertainty was highlighted in the central bank’s summary of deliberations for its October meeting released last week which revealed the governing council was split on whether more hikes were needed. Some members thought it was “more likely than not” that more were needed to ge

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