I was asked my opinion on the latest inflation numbers today by Global News. I got to try Western University‘s new studio! Green screen and all.
In summary: Almost in line with what was expected, 2.7% vs 2.8%. There is an 86% chance of a cut next week, but I doubt it will be more than 0.25%, too early to stimuli the economy too much.
The lighting was a bit too strong, so I had to take off my glasses xD. Give it a watch at the link below!
Bank of Canada rate-cut odds rise after June inflation release