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Canada, inflation
Canada Inflation Eases Back to Central Bank Target in August
Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the road for further cuts in interest rates.
Inflation in Canada Hits 2% Target for First Time Since 2021
Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of Canada.
Canada's inflation cools to 2% in August, the smallest gain since early 2021
Canada's annual inflation rate reached the central bank's target in August at it cooled to 2 per cent, its lowest level since February 2021, data showed on Tuesday.
Reuters
3d
VIEW Canada's inflation cools to 2% in Aug, reaches central bank's target
TORONTO, Sept 17 (Reuters) -
Canada
's annual
inflation
rate reached the central bank's target in August as it cooled to 2 ...
1h
How P.E.I. rent increases compare to inflation overall
Rents were a major driver of the post-pandemic inflation surge on P.E.I., but they may not have reached the point of being ...
2d
Bank of Canada putting more weight on downside inflation and growth risks, meeting summary shows
Central bankers now want economic growth to pick up steam to prevent inflation from undershooting their 2 per cent target ...
19h
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
3d
Wholesale inflation dropped to 4-month low of 1.31% in August
Wholesale inflation drops to 1.31% in August due to lower food and fuel prices, contrasting with rising retail inflation.
15h
Inflation bullseye and U.S. Federal Reserve cut mark turning point for economic narrative
Both Canada and the U.S. appear to be on track for a ‘soft landing’ where price stability is restored without a recession or ...
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