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October inflation a ‘disappointment’ for the Bank of Canada ahead of December rate decision

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Canada's annual inflation rate rose two per cent in October, a setback for the Bank of...
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Inflation is down, rates are dropping. But Canadians remain pessimistic, data show

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Canadians’ concerns about the cost of living have proven highly resilient, with negative consumer sentiment still common even as the...
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Canadian dollar turns higher after hitting earlier 12-week low

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By Fergal Smith TORONTO (Reuters) - The Canadian dollar strengthened modestly against its U.S. counterpart on Wednesday as oil prices...
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Five things to watch for in the Canadian business world in the coming week

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TORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem on the Hill...
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‘Shock-prone world’ highlights need for productivity: Bank of Canada governor

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OTTAWA — Bank of Canada governor Tiff Macklem says the world has become more prone to supply shocks which create...
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BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

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OTTAWA — The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate...
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Canada central bank officials speak after rate cut

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TORONTO (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%,...
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Bank of Canada says it’s reasonable to expect more rate cuts

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By Promit Mukherjee and David LjunggrenOTTAWA, Sept 24 (Reuters) - Given the continued progress the Bank of Canada has made in bringing inflation back...
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Five things to watch for in the Canadian business world in the coming week

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TORONTO — Five things to watch for in the Canadian business world in the coming week:Macklem chatBank of Canada governor Tiff Macklem will take...
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Bank of Canada: AI could boost inflationary pressures in short-term

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OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to...
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Bank of Canada: consensus decisions don’t mean all members agree on path for rates

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OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean governing council...
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Canada’s inflation rate hits 2% target, lowest level in more than three years

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OTTAWA — Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising...
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