Bank of Canada's Room to Cut on Oct. Inflation Data

The Bank of Canada is getting inflation data that looks mostly reassuring, with core measures landing right where it would want them as the economy continues to soften. #canadainflation #bankofcanada #canadianeconomy Links: Canada's inflation rate slows to 2.2% as gas prices drop: https://financialpost.com/news/economy/canada-inflation-rate-slows-gas-prices-drop Inflation indicators: https://www.bankofcanada.ca/rates/indicators/key-variables/inflation-indicators/ Market Participants Survey—Third Quarter of 2025: https://www.bankofcanada.ca/2025/11/market-participants-survey-third-quarter-of-2025/ Summary of Governing Council deliberations: Fixed announcement date of October 29, 2025: https://www.bankofcanada.ca/2025/11/summary-governing-council-deliberations-fixed-announcement-date-of-october-29-2025/ Bank of Canada considered waiting longer to cut interest rate, deliberations show: https://financialpost.com/news/economy/bank-of-canada-considered-waiting-longer-to-cut-rate How jobs are disappearing: https://www.bnnbloomberg.ca/video/shows/taking-stock/2025/11/14/how-jobs-are-disappearing/ Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ Inflation cools to 2.2% as gas, grocery prices fall in October: https://www.ctvnews.ca/business/article/inflation-cools-to-22-as-gas-grocery-prices-fall-in-october/ Consumer Price Index, October 2025: https://www150.statcan.gc.ca/n1/daily-quotidien/251117/dq251117a-eng.htm?indid=3665-1&indgeo=0 BOC says markets too focused on its core inflation gauges: https://www.canadianmortgagetrends.com/2025/10/boc-says-markets-too-focused-on-its-core-inflation-gauges/ BoC and its core inflation measures: A relationship on the rocks: https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/etude-speciale/special-report_251106.pdf Canada’s unemployment rate just fell for 1st time in 3 months: https://globalnews.ca/news/11516239/canada-unemployment-jobs-report-october-2025/ Union threatens to seize Cami auto plant if GM removes machinery: https://lfpress.com/news/local-news/union-threatens-to-seize-cami-auto-plant-if-gm-removes-machinery ‘We feel betrayed’: Laid off for years, Stellantis workers in Brampton confront a grim new reality: https://www.theglobeandmail.com/business/article-stellantis-brampton-auto-workers-industry-cars/ Quebec layoffs at U.S. truck plant days before tariff spur calls for urgent action: https://financialpost.com/commodities/quebec-layoffs-truck-manufacturing-plant-union-urgent-action Royal LePage CEO: Now is a 'pretty good time' for first-time homebuyers: https://financialpost.com/real-estate/royal-lepage-pretty-good-time-first-time-homebuyers Bank of Canada considered delaying October rate cut, deliberations show: https://www.theglobeandmail.com/business/article-bank-of-canada-boc-interest-rate-cut-economy-gdp-council-budget/ Money Talks: How Foreign and Domestic Monetary Policy Communications Move Financial Markets: https://www.bankofcanada.ca/wp-content/uploads/2025/11/swp2025-33.pdf 'It’s a bloodbath out there:' Tech workers forced to take 'survival jobs' as AI cuts swath through workforce: https://financialpost.com/feature/ai-cuts-swath-vancouver-tech-workforce Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice