2min chapter

The Loonie Hour cover image

The Hits Keep Coming, Bank of Canada Delivers Another Rate Hike

The Loonie Hour

CHAPTER

Car Dealership Numbers Are Falling Significantly

Headline inflation fell to 3.1% and core is still at 4.9%. So again, it's tricky because you have a bunch of components that are going in opposite directions stuff that I like. Use cars and trucks on a non seasonally adjusted basis month on month they jumped. We just did use cars and trucks month on month rose 3.2%. But that's kind of a counter trend because we've been seeing them sort of come off quite significantly.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode