
As Canadian price rises hit 7.7%, could inflation be reaching its peak?
- Details
- Category: Canada News
- Published Thursday, June 23, 2022
- CBC News

If there is anything we've learned over the past year it's that central banks are pretty bad at predicting inflation. Which may be a reason for hope.
When Bank of Canada Senior Deputy Governor Carolyn Rogers warned on Wednesday — the same day Statistics Canada inflation data shocked nearly everyone with a jump to levels not seen since 1983 — that there is worse inflation ahead, she may or may not be right.