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Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut
Canada’s inflation rate fell to 1.7 per cent in July, slowing slightly more than expected and easing some fears about sticky price growth. Statistics Canada’s consumer price index report on Tuesday said the deceleration was led by a decline in gasoline prices, which reflected the removal of the consumer carbon price.
Here’s how implied probabilities of future interest rate moves stood in swaps markets moments after the 830 am ET data, ...
The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and ...
Although inflation in Canada eased to the Bank of Canada’s 2% target in August, Royal Bank of Canada economists aren’t partying. They argue 2024’s 2% inflation isn’t 2019’s 2%.
Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.
The annual rate of inflation cooled to 1.7 per cent in July, according to Statistics Canada, down from 1.9 per cent in June.
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Canada CPI expected to tick higher on monthly basis in July amid uncertainty from US tariff impact
Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention ...
For long-term investors looking to protect purchasing power and grow real wealth, these dividend stocks deserve a place on ...
Consumer sentiment in the United States is reaching lows not seen since the Great Recession. Will Canada be next to feel the ripple effects of the trade war?
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