Canada CPI Report: Inflation Reality vs. Rate Cut Hype скачать в хорошем качестве

Canada CPI Report: Inflation Reality vs. Rate Cut Hype

Canada Inflation Hits 2.3%: Are Bank of Canada Rate Cuts Back on the Table? Canada’s headline CPI cooled from 2.4% to 2.3% (flat month over month), surprising economists and giving the Bank of Canada more runway to potentially cut rates if growth weakens. The script argues the deceleration is heavily driven by gasoline (down 16.7% year over year), while inflation excluding gas is still about 3%—the top end of the BoC’s band—raising questions about how much underlying inflation is truly cooling. Shelter inflation fell to 1.7% for the first time in nearly five years, attributed to slowing rent inflation and mortgage interest costs barely rising as the renewal wall passes, shifting housing from inflationary to potentially deflationary in CPI. It highlights two major sources of noise: year-over-year base effects from last year’s temporary GST holiday (e.g., restaurant meals up 12.3%) and measurement-related impacts in cellular service prices that put downward pressure on CPI. The episode concludes that cooling inflation gives the BoC optionality—patience if the economy holds up, but more cover to cut if jobs, spending, or credit conditions deteriorate—and suggests the policy focus may be shifting from inflation emergency to growth risk, with the creator expecting more disinflation and likely cuts by year-end. It also mentions Statistics Canada’s personal inflation calculator as a way to compare individual spending baskets to CPI, noting grocery inflation around 7% as a key reason many consumers distrust the headline 2.3% figure. 00:00 Canada CPI Hits 2.3% — Markets Immediately Price In Cuts 01:30 What’s Really Driving the Drop? Gasoline’s Big Impact 02:03 The Housing Signal: Shelter Inflation Finally Breaks Below 2% 03:39 Don’t Get Fooled: GST/HST Holiday Base Effects & Weird Comparisons 04:28 Cell Phone Bills & CPI Methodology: Why the Numbers Feel ‘Fake’ 05:12 So What Now? BoC Optionality, Bond Yields, and the Rate-Cut Setup 06:10 Real Estate Takeaway: From Inflation Emergency to Growth Worries 06:46 Recap + Personal Inflation Calculator (Why Groceries Still Hurt) 07:31 Wrap-Up: Will We Get Rate Cuts This Year? #inflation #economics #realestate #canada