Bank of Canada set for rate cuts as inflation drops below target, says Desjardins economist
According to Jean, Canada’s inflation rate fell to 2 percent in August, a pivotal moment for the Bank of Canada. The exact inflation figure of 1.95 percent is below the target rate for the first time since 2021. Jean suggests that this shift changes the Bank of Canada's outlook.
Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the ...
Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level since ...
Some Bank of Canada officials are increasingly worried about downside risks to inflation as they decide how to set interest ...
Central bankers now want economic growth to pick up steam to prevent inflation from undershooting their 2 per cent target ...
TORONTO, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August as it cooled to 2 ...
The residents of Milton have varied responses and are reacting with relief as Canada's inflation rate down to two per cent last month, hitting the Bank of Canada's target after ...
The Bank of Canada’s No. 2 official says inflation returning to 2% in August is welcome news for policymakers, who are now ...
Wholesale inflation drops to 1.31% in August due to lower food and fuel prices, contrasting with rising retail inflation.
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