Canada’s CPI rose to a 5.7% (y/y, nsa) pace in February from the 5.6% growth rate in January. This is the highest since August 1991. Yields have cheapened a bit further following the hotter than expected US trade price data and retail sales heading into the FOMC’s rate hike. The data will clearly leave the FOMC in play going forward, especially with the various pressures from the war.
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About the author
Andria Pichidi
Having completed her five-year-long studies in the UK, Andria Pichidi has been awarded a BSc in Mathematics and Physics from the University of Bath and a MSc degree in Mathematics, while she holds a postgraduate diploma (PGdip) in Actuarial Science from the University of Leicester.
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