Financial Post: Bank of Canada swerves in ‘game of chicken’ with inflation: What economists say
The Bank of Canada surprised markets with a 50-basis point hike in its Oct. 26 rate decision, a smaller move than the 75-point hike many economists were anticipating.
CBC: Has the Bank of Canada conquered inflation? It’s complicated
The problem, said Stephen Tapp, chief economist with the Canadian Chamber of Commerce, is that there are plenty of signs that inflation has not gone away. And it's more complicated than looking at the headline number.
Canada Retail Sales Rise 0.9% in December But Fall in January
Chamber senior economist Andrew DiCapua said consumers are clearly pulling back spending and higher rates are increasingly putting pressure on household finances.