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Canada core inflation slows to 1.9 percent, James E. Thorne notes

Canada core inflation slows to 1.9 percent, James E. Thorne notes
Canada core CPI drops below 2 percent

James E. Thorne highlights that Canada’s core consumer price index is now under 2 percent. He points to the Bank of Canada’s Trimmed Mean Core Inflation measure, which stands at 1.9 percent year over year.

He questions where the anticipated inflation from tariffs and oil shocks is, emphasizing that inflation concerns have yet again not materialized.

Thorne has previously reported on Bessent's proposed $1 trillion plan to manage U.S. Treasury yields, highlighting ongoing market skepticism. He also noted contradictions between current Federal Reserve policy and recessionary signals in the housing market. Thorne’s latest comments continue his focus on disconnects between policy expectations and macroeconomic data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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