WRAPUP 1-Canada Jan inflation slows, rate cuts on horizon

Newswire

By Louise Egan OTTAWA, Feb 19 (Reuters) - Canada's inflation rate slowed in January as discounts on vehicle prices offset gasoline price hikes, Statistics Canada said on Tuesday in a report that seemed to leave no obstacles in the Bank of Canada's path as it prepares to cut interest rates in March. Statistics Canada also reported on Tuesday that wholesale trade in December fell 2.9 percent, citing weakness in the auto sector, which is highly vulnerable to the U.S. slowdown. The two ...

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