The slight pick-up in core consumer price inflation in July will now be of little concern to the Bank of Canada. Considering the global recession fears now gripping markets and lower commodity prices, any lingering worries about inflation must soon give way to doubts about the strength of Canada's economic recovery.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services