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Canada Inflation Eases Back to Central Bank Target
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 2% inflation rate in August raises hopes for large rate cut
Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level since February 2021, data showed on Tuesday.
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.
14h
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
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 ...
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 ...
4d
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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