BMO senior economist Sal Guatieri breaks the Bank of Canada's decision to hold the key interest rate and if hikes could start again.
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Speculation.
Inflation is entirely a year-over-year misdirection at this point. Looking at it month over month ie taking out the base effects we have had 10 months of sub 2% inflation this will be proven on April 18th. BOC needs to stop raising interest rates and let this thing play out.