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Inflation rises to 1.9% in June, cementing expectations rates will hold steady
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships. The June figures mark the final look the Bank of Canada will get at price data before its next interest rate decision on July 30, with many economists expecting its key overnight rate to remain unchanged at 2.7 per cent. (July 15, 2025)
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