TD Securities: The inflation report is unlikely to prevent Canada from cutting interest rates.

Jin10 data September 12 news, TD Securities said that the Canadian inflation data to be released early next week is unlikely to prevent the Central Bank of Canada from lowering the policy interest rate. The Central Bank of Canada will announce its interest rate decision on September 17, and Statistics Canada will release CPI data on September 16. TD Securities stated, "We believe that the threshold for these data to influence interest rate decisions is very high." TD Securities believes that all indicators of core CPI need to show a "significant rebound" to raise doubts about whether the recent slowdown in inflation data can be sustained. Swap market traders have already priced in the possibility of a rate cut on Wednesday.