The Bank of Canada cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75 ...
Inflation, as measured by the consumer price index, slowed more than expected in February. The CPI increased 2.8% from a year ...
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.
Core CPI, which excludes volatile food and energy prices, came in at 3.1% — the lowest reading since April 2021.
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...
OTTAWA, Feb 18 (Reuters) - Canada's annual inflation rate ... said the sales tax break had distorted overall inflation numbers, and that core inflation was a more accurate gauge of consumer ...
Early forecasts suggest that headline inflation held steady at 1.8% compared with January of last year. In addition, the Bank of Canada (BoC) is also stepping into the spotlight with its core CPI ...
(Bloomberg) — Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two preferred measures of core inflation. Inflation data for ...
Yet both measures have largely become stuck at the levels reached last summer, when a retreat in inflation largely stalled ...
OTTAWA--Bank of Canada Gov. Tiff Macklem said some technical features related to its preferred gauges of core inflation might be overstating the degree of price increases in the economy.
Rising energy costs pushed Canada’s inflation rate up to 1.9 per cent in January despite a national GST holiday, Statistics Canada said on Tuesday. The slight acceleration in both headline and core ...