Canada’s inflation rate declined to an annualized rate of 1.6% in September, down from 2% in August and the lowest level since February 2021. The inflation rate is now below the Bank of Canada’s 2% ...

OTTAWA (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week.

Based on Canada’s current rate of inflation and economic growth, economists and analysts believe one or two more cuts are in store before the end of 2024. (The next rate announcements will take ...

Canada’s annual inflation rate slowed more than expected ... along with people priced out of homeownership at current mortgage rates – provided that home prices don’t accelerate as borrowing ...

After the release, traders in overnight swaps upped their bets that the Bank of Canada ... inflation is below the central bank’s 2% target and is the ninth straight month of headline rates ...

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TORONTO, Oct 15 (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of underlying price pressures held steady ...

Canada's central bank cut its key interest rate by half a point Wednesday, reducing it to 3.75 percent and offering borrowers further relief as it claimed the battle against inflation had proven ...

"Moving faster towards the neutral-rate range would be an insurance policy against inflation sustainably ... lead to significant currency depreciation because the Bank of Canada would have the ...

When is the Bank of Canada's next interest rate announcement? The next interest rate announcement is December 11, 2024. What’s happening with inflation in Canada? Inflation is a generalized ...

OTTAWA (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The ...

TORONTO (Reuters) -The Bank of Canada is likely to lower interest rates ... to miss its inflation target to the downside, that is a scenario that would lead to significant currency depreciation ...