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Canada's inflation rose to an eight-month high as a sales tax break ended, with the increase described as broad-based. The Canadian dollar firmed slightly to 1.4283 per US dollar after the data, and two-year yields jumped 5.7 basis points.
Higher Canadian inflation tied to a tax change shifts rate expectations and the loonie, a modest macro factor for Canadian feed and livestock costs.
reuters.comPromit MukherjeeMar 18, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
