The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.

Let’s look at what’s happening with the three biggest contributors to Canada’s inflation ... annual rate of CPI would have been flat on the month at 2.2%.” Gas prices are down 7.3 cents ...

Canada's central ... expects to cut rates further if the economy develops in line with its forecast. But Macklem warned the bank was "now equally concerned about inflation coming in higher or ...

OTTAWA, Oct 23 (Reuters) - The Bank of Canada on Wednesday ... after the rate announcement. "It's been a long fight against inflation, but it's worked, and we're coming out the other side." ...

With their announcement on October 23, 2024, the Bank of Canada (BoC ... “With inflation now back to target and interest rates continuing to come down, families, businesses and communities ...

The Bank of Canada on Wednesday ... a press conference after the rate announcement. “It’s been a long fight against inflation, but it’s worked, and we’re coming out the other side.” ...

With inflation now back to target and interest rates continuing to come down, families, businesses and communities should feel some relief,” Macklem said. The Bank of Canada’s next interest ...