Canada: Inflation measures under scrutiny – NBC
Source Fxstreet
National Bank of Canada (NBC) analysts Matthieu Arseneau and Alexandra Ducharme analyze the recent policy rate decision in Canada, highlighting the Bank's focus on core inflation measures. The analysts noted a shift towards a more coherent approach in the Bank's Monetary Policy Report, emphasizing CPI-trim and CPI-median.
CPI-trim and CPI-median in focus
"We know that the Bank is currently reviewing its core inflation measures, and we continue to believe that it should pick an exclusion measure for both simplicity and flexibility."
"Due to these developments, we will be paying closer attention to the CPI-trim and CPI-median for the next inflation releases."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Recommended Articles
Silver price (XAG/USD) continues its four-day winning streak after recovering daily losses, trading around $108.90 during the Asian hours on Tuesday. The safe-haven Silver rebounded amid rising political and trade risks.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $95.04 per troy ounce, up 0.84% from the $94.25 it cost on Tuesday.
Zcash Price Forecast: ZEC bears eye levels below $300 as bearish momentum buildsZcash (ZEC) price is trading below $365 on Tuesday, after closing below the key support zone the previous day. The bearish narrative for ZEC strengthens as metrics show sell-side dominance rising and funding rates turning negative.
Zcash (ZEC) price is trading below $365 on Tuesday, after closing below the key support zone the previous day. The bearish narrative for ZEC strengthens as metrics show sell-side dominance rising and funding rates turning negative.
Pi Network Price Forecast: PI rebounds slightly but selling pressure persistsPi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.
Pi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.
Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe in a freefall, echoing Bitcoin’s dropMeme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.
Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.
