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Bank of Canada, inflation
Canada’s inflation rate cools to 2% in August, hitting Bank of Canada’s target
Canada’s annual inflation rate was 2.0 per cent in August, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):
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 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.
4d
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 ...
5h
on MSN
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 ...
3d
on MSN
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 ...
23h
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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