Canadian stocks are down in negative territory around late morning on Tuesday despite recovering from an early setback after the nation's inflation data dashed hopes an early rate cut by the Bank of Canada.
Canadian stocks are down in negative territory around late morning on Tuesday despite recovering from an early setback after the nation's inflation data dashed hopes an early rate cut by the Bank of Canada.
The Canadian market ended lower on Tuesday as hopes of an early rate cut by the central bank faded a bit after data showed an acceleration in the nation's consumer price inflation in the month of December.