December 2017 Canadian CPI report 26 January 2018
- Prior 2.1%
- BOC Core 1.2% vs 1.3% prior y/y
Confirms the expected drop in CPI and the core falling too will take some steam out of future rate hike expectations. USDCAD has flip flopped roughly 1.2280-1.2340, and sits right in the middle.
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