Rate cut incoming?

[border_humper]

https://archive.is/2026.02.17-181612/https://financialpost.com/news/economy/bank-of-canada-room-to-cut-rates-inflation-cools

Core inflation, excluding food and energy, is running slightly above the Bank of Canada’s two per cent target on a six-month basis.

Rosenberg said that “should be a source of comfort to a central bank with a singular mandate of low and stable inflation.”

With inflation apparently slowing, he thinks disinflation is underway due to a widening output gap and a “soft” economy.

“The question emerges as to just how long the Bank of Canada is going to be able — or willing — to stay on the sidelines,” he said. “My bet is not for much longer.”

Rate cut incoming sounds like, because inflation is so low, lol. That’s very different talk from a month ago.