Cooler inflation won't sway Bank of Canada from another jumbo hike in September, economists say

“Canadian headline inflation rates slumped again last month, but price pressures broadened across many services sectors, keeping the Bank of Canada on a tightening trajectory… Core measures strip out highly-volatile categories, and are often used to develop a better understanding of price pressures in the underlying economy,” said Karl Schamotta of Corpay.

Read the Financial Post article here.