通货膨胀的惊喜放缓将加拿大银行的利率决定变成了硬币

加拿大统计局周二表示，每年的通货膨胀率降至3月的2.3％，低于2月的2.6％。

Statistics Canada announced on Tuesday that the annual rate of inflation slowed to 2.3 per cent in March, down from 2.6 per cent in February and in line with expectations.

加拿大统计局周二宣布，每年的通货膨胀率降低到3月的2.3％，从2月份的2.6％下降，并符合期望。

The Consumer Price Index rose 0.1 per cent for the month, while economists had anticipated a 0.2 per cent increase.

消费者价格指数在本月上涨0.1％，而经济学家预计会增加0.2％。

The probability of the Bank of Canada cutting or holding interest rates on Wednesday is nearly a toss-up, with odds nearly evenly split between a hold and a cut, according to LSEG Data & Analytics.

根据LSEG数据和分析，加拿大银行在周三降低或持有利率的可能性几乎是一个折腾，持有和削减之间的几乎均匀分布。

After reducing its policy rate by a quarter point to 2.75 per cent last month, the central bank is expected to make its next interest rate decision on Wednesday.

在上个月将其政策利率降低到2.75％之后，中央银行有望在周三做出下一个利率决定。

The central bank will also release an updated monetary policy report on Wednesday but has warned it may not include a singular, guiding economic outlook amid increased uncertainty.

中央银行还将在周三发布一份最新的货币政策报告，但警告说，由于不确定性增加，可能不包括单数，指导的经济前景。

Bank of Canada governor Tiff Macklem signalled a shift in how the central bank approaches setting rates amid an ever-shifting tariff dispute with the United States back in late March.

加拿大银行州长蒂夫·麦克勒姆（Tiff Macklem）表示，中央银行在3月下旬与美国的关税纠纷不断变化的关税纠纷中的设定方式发生了变化。

He said the central bank would focus more on setting monetary policy appropriate to a range of risks facing the Canadian economy, rather than treating one forecast as the most likely path forward and adjusting rates to suit it.

他说，中央银行将更多地集中在制定适合加拿大经济面临的一系列风险的货币政策上，而不是将一个预测视为最有可能的前进道路和适应速度的途径。

“The bank will take a broader perspective on the economic outlook and the balance of risks, and set monetary policy in response to the full range of economic and financial conditions,” Macklem said in prepared remarks to a banking and finance conference in March.

Macklem在三月份的一场银行和金融会议上的准备评论中说：“该银行将对经济前景和风险平衡采取更广泛的看法，并制定货币政策，以响应各种经济和财务状况。”

“This will help ensure that we respond appropriately to the significant uncertainty in the economic outlook.”

“这将有助于确保我们对经济前景的重大不确定性做出适当的反应。”

The central bank's preferred measure of inflation, the core consumer price index, rose 1.9 per cent in the 12 months to March, the same as in February.

中央银行首选的通货膨胀措施，核心消费者价格指数，截至3月的12个月，与2月相同。

Economists had expected to see a reading of 1.8 per cent.

经济学家预计将看到1.8％的阅读。

The bank's inflation target is two per cent, and it aims to keep the headline inflation rate within a range of one to three per cent.

该银行的通货膨胀目标是2％，其目的是将标题通货膨胀率保持在1-3％的范围内。

On a monthly basis, the CPI fell 0.3 per cent in March, compared with the 0.1 per cent decrease anticipated by economists.

每月，CPI在3月下降了0.3％，而经济学家预期的下降了0.1％。

Meanwhile, wholesale prices in Canada rose by 0.8 per cent in February, Statistics Canada said on Tuesday. Economists had expected a rise of 0.5 per cent, following a 0.6 per cent increase the previous month.

同时，加拿大统计局周二表示，加拿大批发价格在2月上涨了0.8％。经济学家预计上个月增加了0.6％，预计会增长0.5％。

In the 12 months to February, the price index for manufactured products, food, beverages, and tobacco rose 3.3 per cent, compared with 3 per cent in January. This aligns with expectations and follows a 2.9 per cent increase in December.output: OTTAWA — Canada's annual inflation rate slowed to 2.3 per cent last month, Statistics Canada said on Tuesday, cooling slightly from February and remaining within the Bank of Canada's target range for a seventh month.

在截至2月的12个月中，制成品，食品，饮料和烟草的价格指数上涨了3.3％，而1月份为3％。加拿大统计局周二表示，这与预期相吻合，并在12月的12月增加2.9％。加拿大的年度通货膨胀率速度放缓至上个月的2.3％。

The Consumer Price Index rose 0.1 per cent for the month, while economists had anticipated a 0.2 per cent increase.

消费者价格指数在本月上涨0.1％，而经济学家预计会增加0.2％。

A poll provided by LSEG Data & Analytics ahead of the release had expected yearly inflation to hold steady month-to-month.

LSEG数据和分析在发布之前提供的一项民意测验预计每年通货膨胀率稳定。

StatCan said the decrease in the annual inflation rate was largely driven by declines in prices for gasoline, cell phone plans and the costs of travel tours, particularly with a chill in U.S. travel demand.

Statcan说，年度通货膨胀率的下降在很大程度上是由于汽油价格，手机计划和旅行旅行成本的价格下降，尤其是在美国旅行需求寒冷的情况下。

James Orlando, director of economics at TD Bank, said he expects that headline inflation will continue to decline in April with the removal of the consumer carbon price already driving costs lower for motorists this month.

TD Bank经济总监詹姆斯·奥兰多（James Orlando）表示，他预计，由于本月驾驶者已经降低了驾车者的消费碳价格，因此4月份的头条通货膨胀将在4月继续下降。

"We're going to see another tick down in inflation, and then we'll stabilize around two per cent for a few months," he said.

他说：“我们将看到另一个通货膨胀的滴答，然后我们将在几个月内稳定大约2％。”

The March inflation data comes a day before the Bank of Canada is expected to make its next interest rate decision after cutting its policy rate by a quarter point to 2.75 per cent last month.

三月通货膨胀数据是在加拿大银行上个月将其政策利率降低到2.75％后的下一个利率决定的前一天。

The central bank will also release an updated monetary policy report on Wednesday but has warned it may not include a singular, guiding economic outlook amid increased uncertainty.

中央银行还将在周三发布一份最新的货币政策报告，但警告说，由于不确定性增加，可能不包括单数，指导的经济前景。

Bank of Canada governor Tiff Macklem signalled a shift in how the central bank approaches setting rates amid an ever-shifting tariff dispute with the United States back in late March.

加拿大银行州长蒂夫·麦克勒姆（Tiff Macklem）表示，中央银行在3月下旬与美国的关税纠纷不断变化的关税纠纷中的设定方式发生了变化。

He said the central bank would focus more on setting monetary policy appropriate to a range of risks facing the Canadian economy, rather than treating one forecast as the most likely path forward and adjusting rates to suit it.

他说，中央银行将更多地集中在制定适合加拿大经济面临的一系列风险的货币政策上，而不是将一个预测视为最有可能的前进道路和适应速度的途径。

"The bank will take a broader perspective on the economic outlook and the balance of risks, and set monetary policy in response to the full range of economic and financial conditions," Macklem said in prepared remarks to a banking and finance conference in March.

麦克勒姆在三月份对银行和金融会议上的备考中说：“该银行将对经济前景和风险平衡采取更广泛的看法，并制定货币政策，以应对各种经济和财务状况。”

"This will help ensure that we respond appropriately to the significant uncertainty in the economic outlook."

“这将有助于确保我们对经济前景的重大不确定性做出适当的反应。”

Economists at other large banks in Canada, including CIBC and RBC, also put themselves in the rate-cut camp on Tuesday. CIBC senior economist Katherine Judge pointed

加拿大其他大型银行（包括CIBC和RBC）的经济学家也将自己置于周二的税前营地。 CIBC高级经济学家凯瑟琳·法官指出