canada inflation news

Canada, inflation

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets

Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, causing markets to scale back bets on a big rate cut next month.

Hosted on MSN · 19h

Why Canada's inflation rate ticked up again — and what it means for you

Canada's inflation rate hit two per cent in October, an increase over the last month, but that doesn't mean that Canada is missing its target. CBC senior business reporter Armstrong breaks down why there's an uptick and the effect on Bank of Canada interest rate cuts.

Bloomberg L.P. · 1d

Traders Trim Big Canada Rate Cut Bets After Inflation Uptick

Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.

21h

Canada Inflation Edges Up to 2% in October

The slight acceleration in prices—still within the Bank of Canada’s target range—diminishes the chance of another jumbo ...

Inflation rises to 2% in October, putting size of December interest rate cut into question

After falling for four straight months, Canada’s annual rate of inflation rose in October, putting the size of a December ...

October inflation a 'disappointment' for the Bank of Canada ahead of December rate decision

On Tuesday, Statistics Canada said the Consumer Price Index (CPI) accelerated to two per cent, from a 1.6 per cent annual ...

Canadian inflation back at 2 per cent ahead of year-end interest rate decision

Canada's annual inflation rate accelerated more than expected to 2.0 per cent in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of another ...

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