1.0constructconnect.comrich600338<blockquote class="wp-embedded-content" data-secret="ZHMJZfvOw0"><a href="/canadata/forecaster/economic/2021/07/high-inflation-raises-risk-of-higher-interest-rates">High inflation raises risk of higher interest rates</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="/canadata/forecaster/economic/2021/07/high-inflation-raises-risk-of-higher-interest-rates/embed#?secret=ZHMJZfvOw0" width="600" height="338" title="“High inflation raises risk of higher interest rates” — constructconnect.com" data-secret="ZHMJZfvOw0" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!o){o=!0;for(var e,t,r,a=-1!==navigator.appVersion.indexOf("MSIE 10"),i=!!navigator.userAgent.match(/Trident.*rv:11\./),s=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<s.length;n++){if(!(r=(t=s[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(a||i)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://cc-production-uploads-bucket.s3.amazonaws.com/uploads/2021/07/Inflation-Header-Graphic-DCN-2.jpg1024576Given that the Canadian and United States economies are joined at the hip, it is not surprising the pattern of inflation in the two countries is very similar (see chart below). Most recently, the key drivers of inflation in both countries have been energy and motor vehicles. Their prices were depressed by COVID-19 lockdowns in […]