Free Trial

Minimal Changes To BoC Inflation Projection, Growth Forecast Reflects Recent Strength

CANADA
  • Minimal changes in BoC inflation projections on Q4/Q4 basis, with 4Q23 down a tenth to 2.5% Y/Y and the reverse 0.1pp increase for 4Q24 at 2.1% Y/Y.
  • GDP revisions reflect recent strength though, with 4Q23 at 1.1% (from 0.5) with an offsetting downward revision to 4Q24 at 1.9% (from 2.4) on its way to 2.6% for the first estimate of 4Q25 growth.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.