Canada’s annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline. Financial analysts were expecting a slowdown to 1.8 per cent. This was the weakest ...
Let’s look at what’s happening with the three biggest contributors to Canada’s inflation rate: shelter, transportation and food. Shelter is the most important component of the CPI ...
OTTAWA, Oct 15 (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut ...
OTTAWA, Oct 15 (Reuters) - Canada's annual inflation rate fell below target to 1.6% in September, largely on lower prices for ...
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
The Bank of Canada began cutting rates before the Fed as the Canadian economy weakened faster and more significantly under the weight of rate hikes meant to fight inflation. “I think the divergence in ...
Statistics Canada says the economy added a modest 15,000 jobs last month, while the unemployment rate held steady at 6.5 per ...
Based on Canada’s current rate of inflation and economic growth, economists and analysts believe one or two more cuts are in store before the end of 2024. (The next rate announcements will take ...
The Bank of Canada reduced its key benchmark rate by 50 basis points last week to 3.75 per cent, its first bigger-than-usual ...
Economists with BMO Capital Markets said Canada’s weaker economy is likely to keep inflation below 2 per cent even if tariffs put pressure on prices. “The bank expects the economy to strengthen on the ...
The policymaker said he expects to deliver further cuts in interest rates to revive a “soft” economy and keep inflation close ...
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and ...