2 CIBC: … that household spending is finding a firmer footing again, justifying #BankofCanada's current stance to hold #interestrates steady at a level slightly below neutral. However, we will need a few more months worth of data to confirm retail spending is really turning a corner or not #cdnecon

3 CIBC: … but the #BankofCanada's key core measures of trim and median, which strip out changes in taxes, both eased to a 0.1% m/m SA pace, leaving the annual rates at 2.8% and 2.9%, respectively (vs. 3.0% and 2.9% expected). #CPI #inflation #cdnecon