通貨膨脹的驚喜放緩將加拿大銀行的利率決定變成了硬幣

加拿大統計局週二表示，每年的通貨膨脹率降至3月的2.3％，低於2月的2.6％。

Statistics Canada announced on Tuesday that the annual rate of inflation slowed to 2.3 per cent in March, down from 2.6 per cent in February and in line with expectations.

加拿大統計局週二宣布，每年的通貨膨脹率降低到3月的2.3％，從2月份的2.6％下降，並符合期望。

The Consumer Price Index rose 0.1 per cent for the month, while economists had anticipated a 0.2 per cent increase.

消費者價格指數在本月上漲0.1％，而經濟學家預計會增加0.2％。

The probability of the Bank of Canada cutting or holding interest rates on Wednesday is nearly a toss-up, with odds nearly evenly split between a hold and a cut, according to LSEG Data & Analytics.

根據LSEG數據和分析，加拿大銀行在周三降低或持有利率的可能性幾乎是一個折騰，持有和削減之間的幾乎均勻分佈。

After reducing its policy rate by a quarter point to 2.75 per cent last month, the central bank is expected to make its next interest rate decision on Wednesday.

在上個月將其政策利率降低到2.75％之後，中央銀行有望在周三做出下一個利率決定。

The central bank will also release an updated monetary policy report on Wednesday but has warned it may not include a singular, guiding economic outlook amid increased uncertainty.

中央銀行還將在周三發布一份最新的貨幣政策報告，但警告說，由於不確定性增加，可能不包括單數，指導的經濟前景。

Bank of Canada governor Tiff Macklem signalled a shift in how the central bank approaches setting rates amid an ever-shifting tariff dispute with the United States back in late March.

加拿大銀行州長蒂夫·麥克勒姆（Tiff Macklem）表示，中央銀行在3月下旬與美國的關稅糾紛不斷變化的關稅糾紛中的設定方式發生了變化。

He said the central bank would focus more on setting monetary policy appropriate to a range of risks facing the Canadian economy, rather than treating one forecast as the most likely path forward and adjusting rates to suit it.

他說，中央銀行將更多地集中在製定適合加拿大經濟面臨的一系列風險的貨幣政策上，而不是將一個預測視為最有可能的前進道路和適應速度的途徑。

“The bank will take a broader perspective on the economic outlook and the balance of risks, and set monetary policy in response to the full range of economic and financial conditions,” Macklem said in prepared remarks to a banking and finance conference in March.

Macklem在三月份的一場銀行和金融會議上的準備評論中說：“該銀行將對經濟前景和風險平衡採取更廣泛的看法，並製定貨幣政策，以響應各種經濟和財務狀況。”

“This will help ensure that we respond appropriately to the significant uncertainty in the economic outlook.”

“這將有助於確保我們對經濟前景的重大不確定性做出適當的反應。”

The central bank's preferred measure of inflation, the core consumer price index, rose 1.9 per cent in the 12 months to March, the same as in February.

中央銀行首選的通貨膨脹措施，核心消費者價格指數，截至3月的12個月，與2月相同。

Economists had expected to see a reading of 1.8 per cent.

經濟學家預計將看到1.8％的閱讀。

The bank's inflation target is two per cent, and it aims to keep the headline inflation rate within a range of one to three per cent.

該銀行的通貨膨脹目標是2％，其目的是將標題通貨膨脹率保持在1-3％的範圍內。

On a monthly basis, the CPI fell 0.3 per cent in March, compared with the 0.1 per cent decrease anticipated by economists.

每月，CPI在3月下降了0.3％，而經濟學家預期的下降了0.1％。

Meanwhile, wholesale prices in Canada rose by 0.8 per cent in February, Statistics Canada said on Tuesday. Economists had expected a rise of 0.5 per cent, following a 0.6 per cent increase the previous month.

同時，加拿大統計局週二表示，加拿大批發價格在2月上漲了0.8％。經濟學家預計上個月增加了0.6％，預計會增長0.5％。

In the 12 months to February, the price index for manufactured products, food, beverages, and tobacco rose 3.3 per cent, compared with 3 per cent in January. This aligns with expectations and follows a 2.9 per cent increase in December.output: OTTAWA — Canada's annual inflation rate slowed to 2.3 per cent last month, Statistics Canada said on Tuesday, cooling slightly from February and remaining within the Bank of Canada's target range for a seventh month.

在截至2月的12個月中，製成品，食品，飲料和煙草的價格指數上漲了3.3％，而1月份為3％。加拿大統計局週二表示，這與預期相吻合，並在12月的12月增加2.9％。加拿大的年度通貨膨脹率速度放緩至上個月的2.3％。

The Consumer Price Index rose 0.1 per cent for the month, while economists had anticipated a 0.2 per cent increase.

消費者價格指數在本月上漲0.1％，而經濟學家預計會增加0.2％。

A poll provided by LSEG Data & Analytics ahead of the release had expected yearly inflation to hold steady month-to-month.

LSEG數據和分析在發布之前提供的一項民意測驗預計每年通貨膨脹率穩定。

StatCan said the decrease in the annual inflation rate was largely driven by declines in prices for gasoline, cell phone plans and the costs of travel tours, particularly with a chill in U.S. travel demand.

Statcan說，年度通貨膨脹率的下降在很大程度上是由於汽油價格，手機計劃和旅行旅行成本的價格下降，尤其是在美國旅行需求寒冷的情況下。

James Orlando, director of economics at TD Bank, said he expects that headline inflation will continue to decline in April with the removal of the consumer carbon price already driving costs lower for motorists this month.

TD Bank經濟總監詹姆斯·奧蘭多（James Orlando）表示，他預計，由於本月駕駛者已經降低了駕車者的消費碳價格，因此4月份的頭條通貨膨脹將在4月繼續下降。

"We're going to see another tick down in inflation, and then we'll stabilize around two per cent for a few months," he said.

他說：“我們將看到另一個通貨膨脹的滴答，然後我們將在幾個月內穩定大約2％。”

The March inflation data comes a day before the Bank of Canada is expected to make its next interest rate decision after cutting its policy rate by a quarter point to 2.75 per cent last month.

三月通貨膨脹數據是在加拿大銀行上個月將其政策利率降低到2.75％後的下一個利率決定的前一天。

The central bank will also release an updated monetary policy report on Wednesday but has warned it may not include a singular, guiding economic outlook amid increased uncertainty.

中央銀行還將在周三發布一份最新的貨幣政策報告，但警告說，由於不確定性增加，可能不包括單數，指導的經濟前景。

Bank of Canada governor Tiff Macklem signalled a shift in how the central bank approaches setting rates amid an ever-shifting tariff dispute with the United States back in late March.

加拿大銀行州長蒂夫·麥克勒姆（Tiff Macklem）表示，中央銀行在3月下旬與美國的關稅糾紛不斷變化的關稅糾紛中的設定方式發生了變化。

He said the central bank would focus more on setting monetary policy appropriate to a range of risks facing the Canadian economy, rather than treating one forecast as the most likely path forward and adjusting rates to suit it.

他說，中央銀行將更多地集中在製定適合加拿大經濟面臨的一系列風險的貨幣政策上，而不是將一個預測視為最有可能的前進道路和適應速度的途徑。

"The bank will take a broader perspective on the economic outlook and the balance of risks, and set monetary policy in response to the full range of economic and financial conditions," Macklem said in prepared remarks to a banking and finance conference in March.

麥克勒姆在三月份對銀行和金融會議上的備考中說：“該銀行將對經濟前景和風險平衡採取更廣泛的看法，並製定貨幣政策，以應對各種經濟和財務狀況。”

"This will help ensure that we respond appropriately to the significant uncertainty in the economic outlook."

“這將有助於確保我們對經濟前景的重大不確定性做出適當的反應。”

Economists at other large banks in Canada, including CIBC and RBC, also put themselves in the rate-cut camp on Tuesday. CIBC senior economist Katherine Judge pointed

加拿大其他大型銀行（包括CIBC和RBC）的經濟學家也將自己置於週二的稅前營地。 CIBC高級經濟學家凱瑟琳·法官指出