Economists anticipate that Canada's annual inflation rate in August fell to its lowest level since March 2021.
Bank of Canada Governor Tiff Macklem participates in a news conference on the bank's interest rate announcement, in Ottawa, on Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin TangEconomists anticipate that Canada's annual inflation rate in August fell to its lowest level since March 2021.
The continued progress on slowing inflation comes as the central bank has signalled a willingness to speed up cuts to its key lending rate if circumstances warrant. Porter said despite progress on the inflation rate, it's still "not in a place where it's a compelling argument that the bank has to go even faster."
"There is a case to be made that if the economy were to weaken further, there's little reason for the bank to keep rates in what they consider to be the neutral zone. They could go below that." With the U.S. Federal Reserve set to meet on Wednesday, Janzen and Fan said they expect the American central bank to announce its first rate cut in four years.
How a false rumour about pets in Ohio and Laura Loomer’s presence helped derail Trump’s planned attacks on Harris The experience of 23-year-old Muskoka, Ont., resident Robyn Penniall, who recently had a stroke, comes as concerns are being raised about the future of health care in her community.In a move to safeguard public heath, Health Canada has officially banned the use of brominated vegetable oil as a food additive. Here's what you need to know.
It's been 420 days since 22-year-old Abbey Bickell was killed in a car crash in Burnaby, a stretch full of heartbreak for her family as they not only grieved her death, but anxiously waited for progress in the police investigation. Wednesday, they finally got some good news.A Simcoe, Ont. woman has been charged with assault with a weapon after spraying her neighbour with a water gun.The dream of a life on water has drowned in a sea of sadness for a group of Chatham-Kent, Ont.
Two sisters have finally been reunited with a plane their father built 90 years ago, that is also considered an important part of Canadian aviation history.The sounds of ukuleles, fiddles, and bagpipes drifted over Kitchener’s Belmont Village as a two day music and arts festival returned.The streets of Port Dover roared to life on Friday for a tradition that has been going on for decades.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation expected to ease to 2.1%, lowest level since March 2021: economistsEconomists anticipate that Canada's annual inflation rate in August fell to its lowest level since March 2021.
Read more »
Canada's inflation rate falls to lowest level since March 2021Statistics Canada says the annual inflation rate fell to 2.5 per cent last month, down from 2.7 per cent in June, as price pressures across the economy continued to fade.
Read more »
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021OTTAWA — Statistics Canada says the annual inflation rate fell to 2.5 per cent last month, down from 2.7 per cent in June, as price pressures across the...
Read more »
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
Read more »
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
Read more »
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
Read more »