Canada's Inflation Rate Slows Unexpectedly to 3.8% in September
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Canada's annual inflation rate unexpectedly slowed to 3.8% in September.
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Analysts had forecast inflation to hold steady at 4% in August.
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Two of Bank of Canada’s three core measures of underlying inflation also decelerated.
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Money markets trimmed bets for a rate hike next week after the data.
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Headline inflation had outpaced expectations in previous two months.
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