Canada's inflation slowed to 1.9% in November, below the BoC's 2% target, providing cover for policymakers after aggressive rate cuts this year. The core inflation 3-month average rose to 3.3%, signaling lingering price pressures. With inflation moderating and fiscal uncertainty following the finance minister's resignation, the BoC may adopt a slower pace of easing in 2024. Markets now eye the next rate decision on Jan 29 for fresh policy signals. #Forex #CAD #BoC #InterestRates