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Canada September CPI 3.1% y/y vs 3.2% expected

Prior was 3.0% CPI +0.1% m/m vs +0.2% expected BOC core 2.2% y/y vs 2.4% prior BOC core 0.0% m/m vs +0.1% prior CPI median 1.9% vs 1.9% expected (prior was 2.0%) CPI trim 1.8% vs 1.9% expected (prior was 1.9%) CPI common 2.4% vs 2.6% prior This is a good report from the Bank of Canada and should ease pressure on them to hike rates. At the same time, that's a negative for the Canadian dollar and…

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