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Canada, inflation

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets

Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, causing markets to scale back bets on a big rate cut next month.

Hosted on MSN · 12h

Why Canada's inflation rate ticked up again — and what it means for you

Canada's inflation rate hit two per cent in October, an increase over the last month, but that doesn't mean that Canada is missing its target. CBC senior business reporter Armstrong breaks down why there's an uptick and the effect on Bank of Canada interest rate cuts.

Wall Street Journal · 14h

Canada Inflation Edges Up to 2% in October

The slight acceleration in prices—still within the Bank of Canada’s target range—diminishes the chance of another jumbo interest rate cut in December.

6m

Nunavut's child poverty rate is the highest in Canada, new report says

In Nunavut, nearly 42 per cent of kids under the age of 18 are living in poverty. That's more than twice the national average ...

1h

Higher Energy Bills Push UK Inflation to 6-Month High in October

Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the ...

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