How do inflation numbers change the rate cut schedule?

Dawn Desjardins, chief economist at Deloitte Canada, talks with Financial Post's Larysa Harapyn about whether newly-released inflation numbers will affect the Bank of Canada's rate cut schedule.

[@user-kv4kp4co1r]

It's mindblowing how BOC decided to lower the interest rate.

[@bluesmansunnyfournier4727]

Same here. They should of raised the rates by 25 bp

[@user-pj6lu9lh1y]

1% interest cut is good to help many small businesses in their loan interest payments....every 1% rate reduction in business loans can help another year of survival in this recessionary economy.

[@dirtlump]

Given Canada's worst in the G7 by far, and absolutely massive DEBT distortion both Mortgage/Consumer and Gov't fiscal trajectories therein..... the BoC may well indeed be about to find out why they are called Bond Market "vigilantes" upon further rate cuts into resurgent inflation.

[@mth469]

Inflation is 10%, not the fake 2.9% being claimed.

[@murraytown4]

😂😂😂😂

[@rickhayes-oh2zm]

A free market runs the economy not a bum voted in promising free stuff.

[@rishi505]

justin T is worse PM of Canada . resign. vote wisely

[@rickhayes-oh2zm]

Trudea is getting Asian vote. He is running out