Bank of Canada holds key interest rate at 2.25%, saying war will boost global inflation

The Bank of Canada held its key interest rate at 2.25 per cent on Wednesday, saying that higher oil and gas prices from the ...

Inflation is holding steady at 2% — but the Bank of Canada says more volatility is coming. Here's what to do

The Bank of Canada held rates at 2.25% but warned that persistent global shocks mean more turbulence ahead — and your ...

Bank of Canada to protect economy from risk of persistent inflation, No. 2 official says

Officials expect the recent increase in energy prices stemming from the Iran war to lead to higher inflation in the coming ...

Canada inflation slows to 1.8% in February in ‘calm before the storm’ ahead of oil shock

Economists had expected the inflation rate to drop to 1.9 per cent from 2.3 per cent in January, according to consensus ...

Bank of Canada Expected to Hold Rates, May Flag Inflation Risks of Oil Shock

Canada's inflation is around 2%, the midpoint of the BoC's ‌1% to 3% control range. The ‌policy rate at 2.25% is considered ...

Bank of Canada worried about impact of oil shock on inflation during rate deliberations

The Bank of Canada debated the impact soaring oil prices stemming from the war in Iran could have on inflation ahead of their ...
Morningstar

Policymakers Need to Tolerate Higher Inflation Through AI Adjustment, Bank of Canada Research Says

OTTAWA--Bank of Canada policymakers might have to tolerate elevated inflation to help the economy adjust to the wider adoption of artificial intelligence, according to new central bank research. The ...
Yahoo

Canada's annual inflation rate fell to 1.8% in February, war's impact not yet reflected

Add Yahoo as a preferred source to see more of our stories on Google. A person holds a gas pump nozzle at a Vancouver gas station last April. Canada's annual inflation rate fell to 1.8 per cent in ...
Morningstar

Bank of Canada to Protect Economy From Risk of Persistent Inflation, No. 2 Official Says — Update

OTTAWA--The Bank of Canada's priority is to ensure that higher energy prices stemming from the war in Iran do not morph into an extended period of elevated inflation, the central bank's No. 2 official ...