I recorded this yesterday: and I was right. Inflation did bump up slightly & until the Energy Shock fully reverses, we will continue to see Inflation move up But Bank of Canada Governor Tiff Macklem know raising rates won't fix an Energy Shortage Price Problem, so Rates stay the same & will stay the same at the next Announcement June 10th The most compelling argument against rates hikes during inflation if that if your economy is weak it makes no sense to raise rates