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Canada’s inflation unexpectedly cools to 2.3% in March
Canada’s inflation unexpectedly cools to 2.3% in March
  • Canada’s annual inflation rate unexpectedly dropped to 2.3% in March, largely due to lower gasoline prices.
  • Core inflation measures remain elevated, complicating the Bank of Canada's monetary policy decisions.
  • Market expectations for a rate cut have increased slightly.
April 15, 2025

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