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South Africa, inflation
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.
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):
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 tumultuous battle with skyrocketing price growth. The annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021.
2d
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 ...
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 ...
1d
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 ...
2d
on MSN
Instant view: Canada's inflation cools to 2% in Aug, reaches central bank's target
Canada's annual inflation rate reached the central bank's target in August as it cooled to 2%, its lowest level since ...
MoneySense
3d
Canada’s inflation rate—and what it means for your investments
How should
inflation
influence your choice of stocks, bonds, GICs and other investments?
Canada
’s annual
rate
of
inflation
, as measured by the Consumer Price Index (CPI), fell to 2% in August ...
2d
on MSN
Odds of a jumbo rate cut inch up, as inflation reaches lowest level since February 2021
"Today's figure tilts the scales a touch toward a more aggressive path," says one economist. "If we get another big downside ...
2d
C$ dips as inflation data fuels BoC upsized rate cut talk
The Canadian dollar edged lower against its U.S. counterpart on Tuesday as domestic inflation data suggested to some ...
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