Mind-Blowing: Inflation in the Low 2%s By Next Month?

It feels counterintuitive, but simple arithmetic shows the #BoC#'s 2% promised land is within reach.

That's partly why the Bay Street brain trust is amping up calls for the first rate cut in June. Economists' resurgent confidence follows Canadian joblessness topping 6% and y/y CPI undershooting 3%.

But here's the main reason a summer rate cut isn't just pie in the sky.

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