WRAPUP 1-June rate hike still an option after Canada data


* Inflation, retail sales higher than expected * Rate hike pressures grow, but uncertainty reigns * Q1 growth may be stronger than expected By Louise Egan OTTAWA, May 21 (Reuters) - Canadian consumer prices rose in April, and March retail sales raced past expectations, suggesting considerable strength in the economy and keeping alive the possibility of a June rate hike by the central bank. Investors have been hedging their bets on the Bank of Canada's next move due to fears over ...

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