Canadian Inflation Rises

Posted by Drew Zimmerman

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The Core Canadian inflation number, which excludes volatile items and help guide the Bank of Canada, increased by 1.3 per cent, a greater pace than the 1.1 per cent in November. 

This higher print assists the Bank of Canada with maintianing their current interest rate environment and has supported a small bounce in the Canadian dollar.

Canadian Dollar futures are up 30 points today to 90.16.


Drew Zimmerman

Investment & Commodities/Futures Advisor

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