While there was concern progress could stall, consensus was inflation would continue downward momentum
Conservative Party seizes on news as proof its economic plan is working
Wages still rising despite waning labour demand, StatsCan reports
Global rate cycle has turned, but central banks to stay cautious
Services inflation is running hot, while goods disinflation is set to slow, NBF says
Rate cuts remain data dependent as growth cools, recession avoided
Macro and sector-specific factors favour a rebound in North American deals
Research suggests that further slack is needed to bring inflation back to target
Bets are now leaning toward a first cut in September in the U.S.
Blerina Uruçi of T. Rowe Price says investors would do well to continue to position portfolios with inflation hedges in mind