Inflation rises to 1.9% in June, cementing expectations that rates will hold steady
July 15, 2025
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships. The June figures mark the final look the Bank of Canada will get at price data before its next interest rate decision on July 30, with many economists expecting its key overnight rate to remain unchanged at 2.75 per cent.
Unpublished Newswire
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