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Canada's inflation reaches central bank's 2% target
Canada’s Central Bank Puts on Hold Plans for a Digital Dollar
According to a report by Kyle Bakx and Meegan for CBC News, the Bank of Canada has paused its efforts to introduce a digital version of the Canadian dollar.
Canada Inflation Eases Back to Central Bank Target in August
Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the road for further cuts in interest rates.
Canada's inflation reaches central bank's 2% target in August
Canada's annual inflation rate reached the central bank's 2% target in August, its lowest level since February 2021, data showed on Tuesday. The closely watched core price measures also cooled to their lowest levels in 40 months while month-on-month consumer prices deflated by 0.
Bank of Canada
19m
Artificial intelligence, the economy and central banking
Bank of Canada Governor Tiff Macklem discusses how artificial intelligence could impact the economy, and outlines some of the ...
19h
Bank of Canada shelves idea for digital Loonie
More than 130 countries are exploring the idea of a central bank digital currency, according to a database from the Atlantic ...
2d
on MSN
‘Get Out of Canada’: Strategists Turn Defensive After TSX Rally
Canada’s main stock index has surged almost 8% since its central bank began cutting interest rates in June, outperforming the ...
coinspeaker
1d
Bank of Canada Drops Central Bank Digital Currency (CBDC) Plans
As per the latest development, the Bank of Canada is reportedly shifting away from pursuing its central bank digital currency ...
The Canadian Press on MSN
20h
Bank of Canada must be transparent to maintain trust, external deputy governor says
A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's ...
18h
Bank of Canada Plans to Scale Down Work on Digital Loonie
The Bank of Canada said Thursday that it’s planning to shift focus from a central bank digital currency to “broader payments system research and policy development.” ...
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