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Canada's inflation reaches central bank's 2% target

Instant view: Canada's inflation cools to 2% in Aug, reaches central bank's target

Canada's annual inflation rate reached the central bank's target in August as it cooled to 2%, its lowest level since February 2021, data showed on Tuesday. Analysts polled by Reuters had forecast that growth in the consumer price index would slow to an annual rate of 2.

Bloomberg L.P. · 2h

Inflation in Canada Hits 2% Target for First Time in Three Years

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.

cbc.ca on MSN · 2h

Canada's inflation rate fell to 2% in August, hitting Bank of Canada's target

Canada's inflation rate fell to two per cent in August 2024, Statistics Canada reported on Tuesday, hitting the Bank of Canada's target.

Fed to cut rates by a quarter point

USA Today · 4h

Fed set to cut interest rates: What it could mean for inflation, economy, jobs

The Federal Reserve will being a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.

U.S. News & World Report on MSN · 1d

Fed Meeting Highlights Economic News With a Cut in Interest Rates Teed Up

The central bank will almost certainly lower interest rates when it concludes its meeting on Wednesday. But there is still uncertainty over how big the cut will be.

The Washington Post · 1d

Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest

Wholesale inflation cools to 4-month low

Reuters on MSN · 6h

India's August wholesale inflation cools to 1.31% as global oil prices fall

India's wholesale price index based inflation eased to a four month low of 1.31% in August, helped by falling costs of crude oil, steel and cement, although prices of food staples like potatoes and onions rose sharply.

Business Insider · 7h

India Wholesale Price Inflation Eases To 1.31%, Lowest In 4 Months

India's wholesale price inflation softened more-than-expected in August to the lowest level in four months, provisional data from the

Live Mint on MSN · 4h

Wholesale inflation cools to four-month low in August as food and fuel prices ease

While wholesale prices of cereals, paddy, pulses, vegetables, onion, milk, eggs, fish and meat fell in August, those of wheat, potato, and fruits rose during the month

19hon MSN

White House's Brainard says US inflation at turning point, focus should shift to jobs

Top White House economic adviser Lael Brainard on Monday declared that the U.S. economy had turned the corner in bringing ...

Israel’s Inflation Jumps More Than Expected as War Continues

Israel’s inflation accelerated more than expected last month, to 3.6% year on year, as the war in Gaza strains the economy ...

18hon MSN

Tax cuts, tariffs and deportation: How economists say Donald Trump would increase inflation

Donald Trump talks a lot about inflation, but would his agenda reduce inflation? Not according to 16 Nobel Prize-winning ...

Sterling holds gains on eve of UK inflation data, US rate decision

The British pound held firm against the dollar on Tuesday, maintaining Monday's gains, as traders geared up for UK inflation ...

4hon MSN

American workers' wages are still losing the inflation race, new data confirms

U.S. prices have risen 20% while wages struggled to keep up at 17.4% growth since 2021, Bankrate reports. And if macro ...

The New Yorker1d

How Inflation Fooled Almost Everybody

With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...

Confused by inflation? This is how it's calculated

Few people know how to calculate the inflation rate. And while you don’t need to calculate it yourself, it does help to know ...

19h

I’m a Finance Expert: Here’s How Long It Will Take To Recover From Inflation If Trump Wins

Sara Routhier, finance expert with FreeAdvice.com, sees a slow road ahead. “If Trump wins, it will most likely take two to ...

23hon MSN

Wages, adjusted for inflation, are falling for new hires in sign of slowing job market

Pay for newly hired workers is dropping after adjusting for inflation. As the Fed weighs rate cuts this week, it's a sign of ...

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