It's amazing that they're celebrating only being 35% over their target, after years of doing much worse. 

Undisciplined

Doesn’t seem to be getting stronger or they wouldn’t be considering reducing rates again. 

Canada has always had a very strong economy and that means it is getting stronger.

Msd0457890

As a follow up to my post about business and consumer confidence in Canada, we got our likely catalyst for the next Bank of Canada rate cut.

Inflation slowed from 2.9% in May to 2.7% in June.

econ

As a follow up to my post about business and consumer confidence in Canada, we got our likely catalyst for the next Bank of Canada rate cut. 

Inflation slowed from 2.9% in May to 2.7% in June. 

https://financialpost.com/news/economy/inflation-cools-ahead-bank-of-canada-rate-decision

Ball is in BoC's court. 