Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Tag: bank of canada
Bank of Canada holds key interest rate at 5% in final decision of 2023
The Bank of Canada once again held its key interest rate steady at five per cent Wednesday, encouraged by evidence that higher rates are helping bring inflation down
Bank of Canada to announce interest rate decision, expected to hold at 5%
The Bank of Canada is set to announce its interest rate decision Wednesday morning as forecasters widely expect the central bank to continue holding its key rate steady
Canadian economy shrank in Q3 but manages to ‘keep its head above recession waters’
The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports