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Canada Inflation Eases Back to Central Bank Target
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 rates, while others see them as more balanced.
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 road for further cuts in interest rates.
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 February 2021, data showed on Tuesday.
13h
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
16h
Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
9h
Inflation bullseye and U.S. Federal Reserve cut mark turning point for economic narrative
Both Canada and the U.S. appear to be on track for a ‘soft landing’ where price stability is restored without a recession or ...
3d
Wholesale inflation dropped to 4-month low of 1.31% in August
Wholesale inflation drops to 1.31% in August due to lower food and fuel prices, contrasting with rising retail inflation.
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