Canadian CPI Trimmed-Mean YoY (Dec) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.8%, Rev. 2.9%)
The Canadian CPI Trimmed-Mean YoY came in line with expectations at 2.7%, indicating stability in core inflation even as the previous figure was revised higher.
EU's Dombrovskis says need to work on finding a constructive solution and US tariff threats are not acceptable; do have tools at our disposal, nothing off the table
ECB says to require conduct reverse stress tests on geopolitical and foreign currency exposures
Canadian CPI Trimmed-Mean YoY (Dec) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.8%, Rev. 2.9%)
French PM to extend tax on big companies to appease the left, FT reports
Norway's sovereign wealth fund has embarked on a major selloff of its holdings in London-listed companies, Sky News reports
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This confirms the recent trend of slightly elevated inflation but suggests that policymakers may not need to adjust their stance aggressively, potentially leaving rates unchanged in the near term.
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