TSX:AX.PR.E - Post by User
Comment by
Torontojayon Jun 12, 2024 5:39pm
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RE:RE:How pointless does this seem?
RE:RE:How pointless does this seem?
garyreins wrote: A full 1 year of a rate hike and we're in the same place
Yes we are but it's a little different this time.
The main difference is the convergence of Cpi with Core Cpi which was not the case last year. The underlying trends in inflation were still high last summer and headline was much lower than Core due to the base effect and energy prices.