Canada’s inflation rate cools to 2% in August, hitting Bank of Canada’s target
Canada’s annual inflation rate was 2.0 per cent in August, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):
Central bankers now want economic growth to pick up steam to prevent inflation from undershooting their 2 per cent target ...
The Bank of Canada said Thursday that it’s planning to shift focus from a central bank digital currency to “broader payments system research and policy development.” ...
Canada’s main stock index has surged almost 8% since its central bank began cutting interest rates in June, outperforming the ...
OTTAWA--Some market participants initially misinterpreted the Bank of Canada's message regarding its July decision to cut rates as it pertained to downside economic risks, a senior central bank ...
As per the latest development, the Bank of Canada is reportedly shifting away from pursuing its central bank digital currency ...
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