Canada’s Inflation Dipped to 1.8%, but Economists Say It Won’t Last. Here’s How to Think About Stocks.
Canada’s headline inflation rate fell to 1.8% in February, but many experts are warning the relief may be short-lived. Oil prices have surged past US$100 a barrel following the closure of the Strait of Hormuz, and TD economist Leslie Preston expects headline inflation to climb back toward 3% in the months ahead. That changes the…