In recent online coverage and in an interview with BNN Bloomberg, Alberta Central Chief Economist Charles St-Arnaud spoke about the impacts of energy prices on inflation.

“The question for the Bank of Canada will be what the second-round impact of higher energy prices will be on underlying inflationary pressures, and core inflation is likely to remain stickier than the central bank anticipated,” St-Arnaud said.

“The decision continues to hinge on whether the domestic economy slows, reducing excess demand, and whether we see some moderation in inflationary pressures.”

In other online coverage, he also was quoted on the potential for further rate hikes, stating that further rate increases this year are unlikely, but cannot be ruled out.

Click on the links above to read more!

Previous Post
Chief Economist speaks to media about jobs numbers
Next Post
Congratulations to the recipients of the 2023 scholarships!