Canada: CPI rose 1.2% YoY in December

FXstreet.com (Edinburgh) - Canadian consumer prices rose 1.2% on a year through December, missing expectations at 1.3% and up from November’s 0.9%. On a monthly basis prices contracted 0.2%, matching consensus. The Bank of Canada Core CPI rose 1.3% over the last twelve months. On a monthly basis, core prices fell 0.4%.

BoE's Carney: MPC to consider adjustments to forward guidance in February

Bank of England governor Mark Carney declared today at the World Economic Forum in Davos that the central bank would not carry out an interest rate hike in the nearest future, as there was "no immediate need” for such a move.
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