Canada Inflation Eases to 1.6%, Raising Jumbo Rate Cut Odds
Canadian consumer prices grew at the slowest pace in more than three years, tilting the odds in favor of a half percentage point cut by the Bank of Canada next week.
Canada’s inflation rate falls to 1.6% in September, raising odds of larger BoC rate cut
The inflation report is the last major piece of economic data before the Bank of Canada’s interest rate announcement on Oct. 23
Canada's annual inflation rate eases to 1.6% in September
Canada's annual inflation rate fell below target to 1.6% in September, largely on lower prices for gasoline, as well as air transportation, Statistics Canada said on Tuesday. Analysts had expected annual inflation rate to slow to 1.
Jumbo Rate Cut Not A Lock Despite Inflation Dropping Below 2%
Canadian inflation cooled to 1.6% in September, but does that mean the Bank of Canada could cut interest rates by 50 basis points at its next meeting? Click to read.
Inflation falls to 1.6%, making a case for larger Bank of Canada rate cut
CPI in September below 2% for the first time in more than three years, heavily influenced by drop in gas prices
Major Banks See Bigger Canada Rate Cut After Soft Inflation Data
All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month.
Instant view: Canada's annual inflation rate eases to 1.6% in September
Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of underlying price pressures held steady, data showed on Tuesday.
New Zealand Inflation Eases, Opening Path for Big Rate Cuts
New Zealand’s inflation rate returned to within the central bank’s target band for the first time since early 2021 in the third quarter, opening a path to more supersized interest-rate cuts in coming months.
Canada Inflation Cools, Fueling Calls For Sharper Rate Cut
Inflation in Canada fell below two percent year-on-year in September, the national statistics agency said, figures likely to fuel wider calls for an aggressive interest rate cut.
Israel inflation eases to 3.5% in September but stays above target
Israel's inflation rate eased in September for the first time in seven months, data from the Central Bureau of Statistics showed on Tuesday, but it likely will not be enough to entice policymakers to reduce interest rates anytime soon.
Examples of where inflation eased or accelerated in September
The drop last month in the overall rate of inflation to 1.7% was driven by large changes in the cost of air travel, fuel and household staples such as pizza and rice – though some items saw prices continuing to rise.
Canada's inflation eases to 1.6%, ups chances of 50 bps rate cut next week
Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of ...
Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
The European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows ...
Canadian Inflation Cools More Than Expected
Canada’s central bankers received a jolt of sharply falling prices ahead of next week’s policy-setting meeting. The country’s ...
Canada Inflation Cools Sharply, Falling Below Central Bank’s Target
The fall in the CPI to 1.6% is unlikely to comfort a central bank wanting to see economic growth accelerate and wary of ...
Food prices continue to outpace inflation in Canada
For the second straight month, grocery prices in Canada rose faster than the inflation rate, and beef in particular is ...