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-0.000109217999126157 -0.000218435998252469 -0.000109217999126157 0.000982961992136341 -0.00305810397553518 -0.00349497597204012 -0.00354958497160335 -0.00349497597204012
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‘Welcome news' on inflation raises odds Bank of Canada will cut interest rate in June [Financial Post (Toronto, Ontario, Canada)]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Financial Post
Canada's inflation rate picked up slightly in March to 2.9 per cent from 2.8 per cent in February, Statistics Canada said Tuesday, but the consumer price index (CPI) release suggested that core inflation continued to slow. Here's what economists are saying about the latest numbers and what they could mean for the Bank of Canada , which has signalled that an interest rate cut is possible at its next meeting on June 5 if inflation continues to cool. Article content Article content ‘First cut at June meeting': CIBC Capital Markets The latest consumer price index data meet the Bank of Canada's requirement for core inflation, Andrew Grantham, an economist with CIBC Capital Markets , said in a note. CPI core trim and median — the central bank's two preferred measures of inflation — slowed to 3.1 per cent and 2.8 per cent, respectively, more than analysts surveyed by Bloomberg expected. Bank officials said in their April 10 interest rate decision that they would need to see co Show less Read more
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