Wednesday's summary is expected to shed light on the governing council's most recent rate decision
Annualized Q4 growth at 1.6%, slowdown in housing-related orders
With a potential pause from rate hikes, attention turns to the labour market
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024
For now, the central bank's worries are far removed from fears of deflation
“If things get out of hand” BoC “might have to raise rates again,” says TD’s Orlando
The annual inflation rate slowed last month to 6.3%
Businesses and consumers expect inflation to remain elevated in the short term and ease within five years
Settlement balances helped finance pandemic quantitative easing
Wages up 5.1%, unemployment rate at 5.0%