finally hitting the Bank of Canada's target in its long campaign to cool price growth. The central bank began aggressively hiking interest rates in April 2022 to tame skyrocketing inflation ...
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OTTAWA - Canada’s inflation rate fell to two per cent in August, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing price growth. The annual inflation rate ...
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 ...
Prices at grocery stores and restaurants came in at 2.7 ... 2 per cent in August – a tentative return to the Bank of Canada’s target. The inflation rate eased from a 2.5-per-cent gain in ...
OTTAWA - Inflation finally hit the Bank of Canada’s two per cent target in August after a tumultuous battle with skyrocketing price growth, raising the odds of larger interest rate cuts in the ...
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OTTAWA—Canadian inflation matched the central bank’s target last month for the first ... rose 2.0% in August from a year earlier, Statistics Canada said Tuesday. That was just below economists ...