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inflation, Canada
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Canada's inflation rate jumps back to 2%, 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 month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
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.
Why Calgary and Alberta had Canada's highest inflation rate in October
Statistics Canada’s monthly inflation report, released Tuesday, recorded Calgary as having a 3.3 per cent inflation rate for October, up from 2.1 per cent in September. That’s slightly higher than the province as a whole, which hit three per cent last month — a 1.1 percentage point increase from September.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Canada Inflation Hovers At 2%, More Rate Cuts Expected
Canada's inflation rate was two percent year-on-year in October, the country's statistics agency said Tuesday, a figure in line with the central bank's targets and likely to set up another interest rate cut.
Inflation rate ticks up, thwarting hopes of bigger Bank of Canada cut
Canada’s inflation came in slightly hotter than expected for October, a result that could dampen hopes of another jumbo interest rate cut from the Bank of Canada. The inflation rate rose to two per cent compared to 1.
Canada's annual inflation rate rises to 2% in October
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of another large rate cut in December.
Canada’s inflation rate ticks back up to two per cent in October, StatCan says
Canada’s inflation rate rose to two per cent last month, up from 1.6 per cent in September, as gasoline prices exerted less downward pressure on annual price growth.
Canada's inflation rate rises 2 per cent, grocery prices accelerate
Canada's annual inflation rate jumped two per cent in October, due in part to the base-year effect on gasoline prices. In September prices increased at a 1.6 per cent annual pace. Statistics Canada said on Tuesday the Consumer Price Index (CPI) rose 0.
6d
on MSN
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
5h
What To Expect From The Fed On Interest Rates In 2025
Most expect the Federal Open Market Committee to cut interest rates in 2025. The question of how much will be informed by ...
6d
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
6d
on MSN
Are inflation-adjusted wages lower now than 50 years ago? That data is cherry-picked
Two measures that economists most commonly use for inflation-adjusted wages show that wages are higher now than five decades ...
4d
Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and ...
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