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No evidence of generalized inflation despite May price hikes: BoC’s Macklem

Bank of Canada governor Tiff Macklem says he’s not seeing evidence of generalized inflation even as price pressures surged in May.Statistics Canada said Monday that inflation jumped to 3.2 per cent last month, reaching its highest level since late 2023 and rising past the central bank’s target b...

Ming Pao Daily News
Ming Pao Daily News

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