Canada's inflation rate hit 2 per cent in August
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- Two per centCanada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, 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, and it made its first rate cut since March 2020 in June.www.cbc.ca/news/business/inflation-bank-of-canada-target-1.7325365
Canada's inflation rate finally hit the Bank of Canada's target. What ...
WEB2 days ago · Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
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