{"id":10947,"date":"2023-02-27T07:47:11","date_gmt":"2023-02-27T15:47:11","guid":{"rendered":"https:\/\/www.stevesaretsky.com\/?p=10947"},"modified":"2023-02-27T07:49:25","modified_gmt":"2023-02-27T15:49:25","slug":"banking-on-the-gravy-train","status":"publish","type":"post","link":"https:\/\/www.stevesaretsky.com\/2023\/02\/news\/banking-on-the-gravy-train\/","title":{"rendered":"Banking on the Gravy Train"},"content":{"rendered":"\n
Happy Monday Morning!<\/p>\n\n\n\n
Some good news on the inflation front in Canada this past week. Headline inflation ticked in at 5.9% year-over-year, below market expectations of 6.1%. Inflation in services, which is one of the key figures policymakers are watching, eased to 5.3%, from 5.6% in December. The Bank of Canada\u2019s preferred median and trim inflation measures continue to ease, now running at around 3.5% on a 3-month annualized basis. Progress.<\/p>\n\n\n\n