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11

Feb 2026
NBC analysts say softer data, cooler inflation and trade uncertainty make 2026 Bank of Canada hikes unlikely

Weaker Canadian data, lower inflation, and trade uncertainty dim 2026 rate-hike odds; tightening now expected early-2027.

11

Feb 2026
In December, America’s annual Import Price Index eased to 0%, slipping from the prior 0.1%

US import price index slipped to 0% year-on-year in December, down from 0.1%, indicating flat import costs.

11

Feb 2026
In December, America’s annual Export Price Index eased to 3.1%, down from 3.3% previously

U.S. export price index rose 3.1% year-on-year in December, slowing from 3.3% previously.

11

Feb 2026
US export prices rose 0.3% month-on-month, exceeding the 0.1% forecast, as reported for December

US export prices rose 0.3% in December, beating the 0.1% forecast and signaling faster-than-expected increases.

11

Feb 2026
December US Import Price Index rose 0.1% month-on-month, undershooting expectations of a 0.2% increase

U.S. Import Price Index rose 0.1% in December, undershooting 0.2% expectations, indicating slower-than-forecast import inflation.

11

Feb 2026
Fourth-quarter US Employment Cost Index rose 0.7%, undershooting the expected 0.8% increase in wages

US Employment Cost Index increased 0.7% in Q4, missing 0.8% forecasts, signaling slower-than-expected wage growth.

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