Global bond markets have been shaken by the recent run of stronger wage and price inflation figures in the US. Although we have long expected that a rebound in core inflation south of the border would prompt the Fed to hike US interest rates more aggressively this year, we suspect that core inflation in Canada will remain slightly below the 2% mid-point of the Bank of Canada’s target range.
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