News
Inflation drops to 1.6% in September, opening way for half-point cut
Falling gasoline prices were the main driver of easing inflation in September.
Macklem warns AI may push prices higher through demand boost: Bloomberg
Macklem says the adoption of AI technologies may add to inflationary pressures in the short term.
Bank of Canada finally hits target with inflation at 2%
Statistics Canada reported consumer price data for August.
Easing inflation keeps door open for Bank of Canada rate cuts
Inflation eases to the slowest since March 2021
June inflation data could open door to 2nd Bank of Canada rate cut: Global
Statistics Canada is due to release June inflation data on Tuesday.
U.S. inflation broadly cools, bolstering case for Fed rate cut: Bloomberg
U.S. inflation cooled in June to the slowest year-over-year pace in three years.
Canadians still blame companies, government spending for inflation: Abacus
Abacus Data poll shows Canadians still blame companies for inflation
‘No bones about it, this is not what the Bank of Canada wanted to see’
Inflation unexpectedly rose in May, led by price increases in services such as air transport, according to the latest data from Statistics Canada.