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See also: Mortgage Tidbits (below).
Canadian rates nudged higher ahead of the most critical report of the month: domestic CPI.
Bay Street expects the key inflation gauges to keep drifting apart, with a:
- 1-tick slowdown in headline inflation to 1.8% (prior 1.9%)
- ½-tick acceleration in average core inflation to 3.1% (prior 3.05%)
We’ll return with the full play-by-play after StatCan hits “Send” at 8:30 a.m. ET.
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