BoC’s Vincent cautions on new business pricing behavior and persistent inflation

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<p>BoC’s non-executive Deputy Governor, Nicolas Vincent, provided a closer look into the challenges Canada faces concerning inflationary pressures, specifically highlighting the direct correlation between businesses’ price setting patterns and the persistent nature of inflation. Vincent noted in a speech, despite some progress, “the downward path of inflation over the past year has been slower than […]</p>
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