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Week Ahead – Flash PMIs, UK & Japan CPIs in focus; RBNZ to hold rates
Will CPI report bring BoC nearer to a rate cut? Inflation data will dominate the economic agenda once again in the coming week as CPI numbers are due in Canada, Japan and the United Kingdom. The Canadian figures are up first on Tuesday. Prior to that, it will be an unusually quiet start to the week as several markets will be closed on Monday. Price pressures appear to be on the wane again in Canada after the downward trend in the various CPI metrics flatlined in the second half of 2023. The underlying gauges – CPI trim, median and common – eased for the third straight month in March. The headline rate did tick up ... (full story)