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Canada's inflation rate hit 2 per cent in August
Canada's inflation rate finally hit the Bank of Canada's target. What does that mean for prices?
Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
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.
Opinion
17h
Opinion
The inflation war is over. The next battle is just getting started
Two years ago, in a bid to catch up with sharply rising inflation, the Bank of Canada did something that Governor Tiff ...
2d
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 ...
Inquirer on MSN
1d
Inflation slows again in Canada to 2%
Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and ...
3d
on MSN
Nigerian inflation falls for second month in August
Nigeria's inflation rate fell for a second consecutive month in August, down to 32.15% year-on-year from 33.40% in July, ...
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