The Globe and Mail reports in its Wednesday, May 21, edition that while the headline inflation figures showed signs of easing in April, the Bank of Canada's preferred measures of core inflation, which strip out influences like the end of the carbon price, accelerated to top 3 per cent in the month. A Canadian Press dispatch to The Globe reports that Canadian Imperial Bank of Commerce senior economist Andrew Grantham said in a note to clients Tuesday that the central bank will be watching that trend carefully, alongside indications that the tariff dispute was starting to bite Canada's labour market. Statistics Canada reported earlier this month that the national unemployment rate rose to 6.9 per cent in April as the trade-sensitive manufacturing sector took a hit. "Signs of renewed weakening in the economy on one hand, as shown by the latest employment data, but stronger core inflation on the other makes for a tough decision for the Bank of Canada at its early June meeting," Mr. Grantham said.