Bank of Canada Expected to Move to Sidelines Amid Inflation ‘Messiness’

Bank of Canada Expected to Move to Sidelines Amid Inflation ‘Messiness’
Signage marks the Statistics Canada offices in Ottawa on July 21, 2010. The Canadian Press/Sean Kilpatrick
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There were signs inflation was easing in October, but a more muddled picture under the hood has most economists expecting the Bank of Canada will shift to the sidelines at its final interest rate decision of the year.

Cheaper prices at the gas pumps and grocery store helped bring inflation down to 2.2 percent October, Statistics Canada said Monday.