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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.
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 interest rate cut in December.
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.
15h
Why is inflation heating up at the grocery store again? Blame the loonie
While overall inflation has moderated, consumers are once again feeling the pinch on groceries. Here's why, plus some tips to ...
4d
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 ...
2d
Rates In Focus: Higher October Inflation Cools The Prospects Of A Jumbo BoC Rate Cut
Canada’s inflation rate edged back to BoC’s 2% target in October, higher than expected. TD Asset Management's Sam Chai looks ...
4d
on MSN
Canada's inflation rate jumps back to 2%, likely curbing large rate-cut bets
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous ...
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