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Canada, inflation
Canada’s inflation drops to 2% in August, signalling economic stability amid housing concerns
Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for the country's economy.
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.
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.
5h
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 ...
3d
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 ...
2d
on MSN
Bank of Canada members split on inflation outlook, minutes show
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for ...
3d
Bank of Canada Welcomes 2% Inflation, Pivoting Focus to Growth
The Bank of Canada’s No. 2 official says inflation returning to 2% in August is welcome news for policymakers, who are now ...
2d
Bank of Canada Officials Split on Balance of Inflation Risks
Some Bank of Canada officials are increasingly worried about downside risks to inflation as they decide how to set interest ...
12h
on MSN
Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by ...
3d
Canada’s inflation rate hits 2 per cent, lowest in more than three years
OTTAWA — Canada’s inflation rate fell to two per cent last month, finally hitting the Bank of Canada’s target after a ...
9h
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.
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