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BOC Preview Will the Bank of Canada be the next central bank to liftoff

The Bank of Canada (BOC) meets on Wednesday this week and is expected to lift rates by 25bps (at the least) to 0.50%.

US Core PCE still hot is 50 bps in the cards

The Fed's favorite measure of inflation (Core PCE) was 5.2% YoY vs and expectation of 5% YoY and 4.9% YoY in December.

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