Canadian economy continues to perform well in spite of global outlook
Figures suggest inflation is picking up slightly
Result matched economists’ expectations
Reports indicate Canada’s inflation rate is on target
With inflation low and deflation talk no longer whispered, government bonds are thriving
Jerome Powell cited low inflation as a justification for potentially lowering interest rates
Another policy decision could have more significant implications for investors, report suggests
Economists had expected an increase of 2.1%
The consumer price index increased to 2% annualized
Further rate hikes from the Fed may not be necessary.