The consumer price index rose 0.3% from December to January and 3.1% from a year ago
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
The central bank says shelter costs are now the primary driver of above-target inflation
Strong hiring, wage growth could delay interest rate cuts
U.K.'s central bank kept its main interest rate at a near 16-year high of 5.25% on Thursday
Bank of Canada governor addressed MPs on the finance committee on Thursday
Most economists expect the first rate cut to occur in May or June
The bank left its benchmark rate unchanged at a record-high 4%
Ailing sector poses a headwind to earnings, threat to credit quality
Commodity producers to hold up better than interest-sensitive regions