BoC’s Rogers still sees work to do on inflation, but core should decline

Bank of Canada (BoC) Senior Deputy Governor Carolyn Rogers said on Wednesday that she still sees work to do on inflation, but the core Consumer Price Index (CPI) measures should decrease.  

Key quotes

Sees ongoing work to do on inflation. 

Core measures of CPI should decline.  

Market reaction

At the time of press, the USD/CAD pair was down 0.03% on the day at 1.3593.