canada inflation news

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.

Bloomberg L.P. · 3d

Inflation in Canada Hits 2% Target for First Time Since 2021

Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of Canada.

The Canadian Press on MSN · 18h

Bank of Canada trying to figure out how AI might affect inflation, Macklem says

Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.

19h

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 ...

Reuters3d

VIEW Canada's inflation cools to 2% in Aug, reaches central bank's target

TORONTO, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August as it cooled to 2 ...

16h

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.

12h

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 ...

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