canada inflation rate

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Canada, Inflation and Interest Rate

Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, data showed on Tuesday.

· 9h · on MSN

Canada Inflation Eases in July, Raising Hopes Interest Rates Will Again Be Cut

· 12h

Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut

· 8h

Economists split on next Bank of Canada decision after July inflation report

The annual rate of inflation fell to 1.7 per cent in July, down from 1.9 per cent in June.

City News · 3h

New inflation data increases chances of interest rate cut

· 6h

Lower gas prices may be masking tariff-flation

· 13h

Inflation slowed to 1.7% in July, but food prices rose at faster pace

Costs rose 3.4 per cent annually at grocery stores, up from 2.8 per cent in June.

· 1h

How Tuesday’s inflation report has shifted market and economist views for future BoC rate cuts

Richmond News · 8h

Economists split on BoC's next rate move after July inflation data

10hon MSN

Canadian dollar falls as inflation data fuels rate cut bets

The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and cooler domestic inflation data raised expectations the Bank of Canada would cut interest rates in the coming months.

Canadian Mortgage Trends11h

Bank of Canada likely unmoved by modest dip in inflation, economists say

Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change course in September.

USD/CAD posts modest gains above 1.3850 as Canadian CPI data raises odds of BoC rate cut

The USD/CAD pair posts modest gains near 1.3870 during the early Asian session on Wednesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) as cooler Canadian inflation data raised expectations that the Bank of Canada (BoC) would cut interest rates in the coming months.