Canada's five largest banks predict inflation may rise in February

Statistics Canada will release the February Consumer Price Index (CPI) data at 20:30 Beijing time on March 19 (Tuesday). As the release time approaches, the following are the opinions of economists and researchers from the five major banks on the upcoming release. prediction.

Canadian Inflation Rate Forecast

Canadian inflation is likely to rise in February, according to forecasts from five major banks. The forecast attracted market attention, with investors adjusting their investment strategies to cope with possible inflationary risks.

Economist and researcher perspectives

According to economists and researchers, the main reason for Canada's rising inflation rate may be the impact of energy prices. As the global economy recovers, energy prices are likely to rise, driving inflation higher.

market reaction

Market expectations for rising inflation have begun to be reflected in the exchange rate of the Canadian dollar. Investors are paying close attention to the release of inflation data in order to make timely adjustments to their portfolios.

investment advice

With inflation likely to rise, investors can consider increasing investments in commodities such as agricultural products and energy to protect against inflation risks. At the same time, you can also consider increasing the allocation of inflation-hedging assets.