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Bank of Canada, inflation
Inflation in Canada Hits 2% Target for First Time Since 2021
Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of Canada.
Bank of Canada members split on inflation outlook, minutes show
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. The BoC said
Bank of Canada trying to figure out how AI might affect inflation
Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.
7h
Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
3d
on MSN
Canada’s inflation drops to 2% in August, signalling economic stability amid housing concerns
Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for ...
4h
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
4d
on MSN
Nigerian inflation falls for second month in August
Nigeria's inflation rate fell for a second consecutive month in August, down to 32.15% year-on-year from 33.40% in July, ...
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