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Bank of Canada: Short-Term Inflation Expectations Sensitive to Gas Prices, Long-Term Stable

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2026-07-15 13:48:06
The Bank of Canada stated that short-term inflation expectations are sensitive to changes in gasoline prices, while long-term inflation expectations remain firm. According to Jin10, the central bank's assessment highlights the differing impacts of energy costs on near-term and longer-term price outlooks.
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