Tariff tensions cloud Bank of Canada's inflation outlook ahead of July rate decision [Wealth Professional (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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Source: Wealth Professional
Expectations for a July rate cut have faded as economists project an uptick in inflation and continued uncertainty over tariff impacts ahead of the Bank of Canada's next interest rate decision. Statistics Canada's June consumer price index (CPI), set for release Tuesday, is expected to show the annual inflation rate rising to 1.9 percent from 1.7 percent in May, according to RBC and other economists. Accoridng to The Canadian Press , BMO anticipates the rate will reach 2 percent. CIBC forecasts a slightly lower 1.8 percent, attributing the rise largely to goods inflation, some of which may stem from Canada's tariff dispute with the United States. Claire Fan, senior economist at RBC, said she expects core inflation to remain stubborn near the top end of the Bank of Canada's one to three percent target range, with food inflation continuing to drive prices higher. CIBC's Katherine Judge added that rental prices, particularly for vacant units, may temper shelter inflation but n
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BNS
Earnings
- 12/2/25 - Beat
BNS
Sec Filings
- 12/23/25 - Form 424B2
- 12/23/25 - Form 424B2
- 12/23/25 - Form 424B2
- BNS's page on the SEC website