Reports indicate Canada’s inflation rate is on target
With inflation low and deflation talk no longer whispered, government bonds are thriving
Jerome Powell cited low inflation as a justification for potentially lowering interest rates
Another policy decision could have more significant implications for investors, report suggests
Economists had expected an increase of 2.1%
The consumer price index increased to 2% annualized
Further rate hikes from the Fed may not be necessary.
Guidelines aim to help planners make long-term projections
Core inflation readings rose by 2%
The consumer price index rose 1.9% compared to a year ago