A 10% drop in gas prices compared with last year continues to weigh on overall inflation
When the collateral effect is strong, it can leave the economy vulnerable to adverse effects
Toni Gravelle has been managing director of the central bank’s Financial Markets Department since 2015
Gas prices fell 10.2% last month, following a decrease of 6.9% in July
For Canada, total turnover of FX transactions rose by 27.6% since 2016
The announcement came as other central banks around the world have been signalling or taking policy action
The main focus Wednesday will be on the bank's accompanying analysis
Markets had priced in a series of cuts, but is the U.S. in an easing cycle?
The rate is now 5.14%
Enhanced methodology to be implemented in Q2 2020