Canadian inflation cools to 4.3%, backing Bank of Canada rate pause

Canadian inflation cools to 4.3%, backing Bank of Canada rate pause

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Canada’s inflation rate is rapidly cooling this spring, a welcome development for the Bank of Canada as it holds interest rates at their highest levels in more than 15 years in a bid to restore price stability. The Consumer Price Index (CPI) rose 4.3 per cent in March from a year earlier, down…

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