通胀连续两月低于目标 加拿大央行本周或启动降息

Core Insights - Canada's Consumer Price Index (CPI) rose by 1.9% year-on-year in August, up from 1.7% in July, but below market expectations [1] - The month-on-month CPI decreased by 0.1%, indicating a contraction in prices at the monthly level [1] - The core CPI, excluding food and energy, increased by 2.6% year-on-year, remaining stable compared to July, with zero growth month-on-month [1] - Despite the overall inflation rate rising from July, it has been below the Bank of Canada's 2% inflation target for two consecutive months [1] - The current core inflation rate is still above the target level, which the central bank will closely monitor when formulating monetary policy [1] - Market expectations suggest that the Bank of Canada will announce a 25 basis point rate cut at the upcoming monetary policy meeting, lowering the benchmark rate from 2.75% to 2.50% [1] - This expectation is based on the assessment of moderate overall inflation and slowing economic momentum [1] - Analysts note that while recent inflation data indicates easing price pressures, external factors, such as U.S. tariff policies, may create uncertainty for domestic prices and future inflation trends [1] Currency and Market Sentiment - The Canadian dollar continues to fluctuate within a range, reflecting cautious market sentiment regarding the Bank of Canada's policy adjustment path [2]