Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and ...
Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for ...
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
TORONTO, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August as it cooled to 2 ...
Last month, Banxico, as the central bank is known, lowered its benchmark interest rate by 25 basis points, reducing borrowing costs to 10.75% in a split decision. An overall slowdown in Latin ...
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...