FP Interactive: Kevin Carmichael unpacks Canada’s ‘shocking’ inflation numbers

The buyer value index elevated 7.7 per cent in Could from a yr earlier, the most important improve in 4 many years, prompting Financial institution of Canada Senior Deputy Governor to acknowledge that the danger of runaway inflation is conserving she and her colleagues up at night time.

Within the newest version of FP Interactive, Larysa Harapyn talks to Monetary Publish editor-in-chief Kevin Carmichael about Statistics Canada’s newest inflation numbers, what they are saying concerning the state of the financial system, and the way the Financial institution of Canada will reply.

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