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South Africa, inflation
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.
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.
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.
2d
on MSN
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 ...
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 ...
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 ...
Reuters
2d
VIEW Canada's inflation cools to 2% in Aug, reaches central bank's target
TORONTO, Sept 17 (Reuters) -
Canada
's annual
inflation
rate reached the central bank's target in August as it cooled to 2 ...
2d
Bank of Canada Welcomes 2% Inflation, Pivoting Focus to Growth
The Bank of Canada’s No. 2 official says inflation returning to 2% in August is welcome news for policymakers, who are now ...
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