Bank of Canada should be set for another 75 bps increase next week – CIBC

Bank of Canada should be set for another 75 bps increase next week – CIBC – by MSalordFX Canada Inflation Banks BOC

k of Canada will need to with a 75 basis points rate hike next week, against the 50 bps previously anticipated. “There will be some long faces at the Bank of Canada this morning as inflation cooled less than expected. Unadjusted headline CPI increased 0.1% in September, with the annual rate easing only one tick to 6.9% .

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