Canada's inflation rate finally hit the Bank of Canada's target.
Sep 17, 2024 · The Bank of Canada's target was reached after a long campaign to cool price growth, but inflation remains elevated and the central bank may cut interest rates further. The web page explains...
Inflation is finally back at 2%. Is it the ‘light at ... - Global News
Sep 17, 2024 · Statistics Canada reports annual inflation cooled to two per cent in August, driven by cheaper gas prices and lower grocery costs. The Bank of Canada is expected to cut interest rates...
Canada's inflation rate cools to 3.1% but the cost of living keeps ...
Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.
Inflation has fallen, but the Bank of Canada hasn't backed ... - CTV News
Jul 23, 2023 · OTTAWA - Canada's inflation rate has returned to the country's target range after a tumultuous couple of years of soaring prices. Statistics Canada reported on Tuesday that inflation fell to...
Canada's inflation rate dips to 2.5% in July, lowest since March 2021
Aug 20, 2024 · Canada's annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said inflation increased at the...
Inflation in Canada Hits 2% Target for First Time Since 2021
Sep 17, 2024 · 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. The...
Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds
Oct 15, 2024 · The consumer price index rose 1.6% in September from a year ago, following a 2% increase a month earlier, Statistics Canada reported Tuesday in Ottawa. That’s slower than the median estimate of...
Inflation in Canada up 3.4 per cent in December | CTV News
Jan 16, 2024 · Canada's annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month.
Inflation in Canada: annual rate slowed in September | CTV News
Oct 15, 2024 · The chances of a half-percentage point interest rate cut by the Bank of Canada became more likely Tuesday after Statistics Canada reported annual inflation fell to 1.6 per cent in September.
Canada's December inflation dashes hopes of early rate cut
Jan 16, 2024 · Canada's annual inflation rate rose as expected in December, data showed on Tuesday, and underlying prices pressures remained, dashing hopes that the central bank would shift into rate-cut...