蒙特利尔银行：加拿大央行7月没有任何降息的理由

Core Viewpoint - The Bank of Montreal's chief economist Doug Porter asserts that there is no justification for the Bank of Canada to lower interest rates in July due to persistent core inflation despite economic growth being below potential [1] Economic Indicators - The core Consumer Price Index (CPI) in Canada remained at 3% in June, which is at the upper limit of the Bank of Canada's inflation target range [1] - The increase in housing costs is contributing to upward pressure on core inflation [1] Price Changes - The retaliatory tariffs on U.S. imports are partially responsible for the high core inflation [1] - In June, the price of durable goods accelerated to a 2.7% increase from 2% in May [1] - The automotive prices rose by 4.1%, furniture prices increased by 3.3%, and clothing and footwear prices went up by 2% [1]