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 ...
2don MSN
Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for ...
The Bank of Canada’s second-in-command said policymakers still want to see more progress on core inflation measures, even ...
TORONTO, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August as it cooled to 2 ...
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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