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WTI Slides as Soft Canadian CPI Eases BOC Rate-Hike Bets

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Canada's April CPI came in softer than expected, easing near-term Bank of Canada rate-hike concerns.
  • Economists argue excess capacity is applying disinflationary pressure outside oil-linked sectors.
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WTI price history

103.97 +72.31% over the displayed period

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