Canada's December CPI fell 0.2% from November, bringing the annual pace to 2.3% from November's...

|By:, SA News Editor

Canada's December CPI fell 0.2% from November, bringing the annual pace to 2.3% from November's 2.9%. The core rate rose 1.9% Y/Y from 2.1% in November. The loonie slips a bit on the soft numbers as they may give the BoC room to loosen policy. Loonie -0.3% at $0.9857.