Bank of Canada expected to cut key rate despite mixed inflation, jobs data
OTTAWA — Most economists expect the Bank of Canada will look past strong jobs data and signs of…
The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed…
US inflation stays elevated but prices rose less than feared last month
WASHINGTON (AP) — U.S. inflation remained elevated last month as gas prices jumped while the cost of rents…
September inflation report muddies the water for the Bank of Canada
OTTAWA — Some economists say surprisingly strong September inflation figures will give the Bank of Canada pause ahead…
Inflation in Canada picks up steam, rising to 2.4% in September
National Bank economists Taylor Schleich and Ethan Currie wrote that unless recent inflation trends were “totally derailed/recast” by…
Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary
A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a…
‘Unthreatening’ inflation reading makes Bank of Canada rate cut tomorrow ‘obvious course of action’
The August inflation data come one day before the Bank of Canada’s September interest rate announcement. (Photo by…
‘Unthreatening’ inflation reading makes Bank of Canada rate cut tomorrow ‘obvious course of action’
The August inflation data come one day before the Bank of Canada’s September interest rate announcement. (Photo by…
Canada’s inflation rate accelerates to 1.9 per cent in August
A person shops at a grocery store in Montreal, Canada, on Feb. 3, 2025. (Credit: ANDREJ IVANOV/AFP via…
Canada’s inflation fears ‘an illusion,’ with more BoC cuts likely: Desjardins
Economist Royce Mendes says most of the signs of problematic core inflation can be traced to “a few…
Bank of Canada Governor says bank will not review 2% inflation target next year
By Promit Mukherjee OTTAWA, Aug 26 (Reuters) – The Bank of Canada will not review its inflation target…
Inflation in Canada slows more than expected to 1.7% in July as gas prices recede, food prices steam higher
Food prices in Canada drove higher in July, with grocery prices increasing 3.4 per cent from the year…