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Bank of Canada, 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.
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.
Bank of Canada members split on inflation outlook, minutes show
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. The BoC said
2h
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 ...
5h
Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
2h
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
1d
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 ...
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