BoC’s core inflation index north of target at 2.1%
Bank of Canada gains flexibility on interest rates
While rising interest rates are not of immediate concern, even modest inflation can put clients’ future buying power in jeopardy. Some vehicles, such as real-return bonds, can reduce the risk of clients outliving their money
The federal government and the central bank have renewed the flexible inflation-target regime for another five years
Slower rise in food prices offsets big jump in energy prices
You may need to use different inflation rates for future income and expenditures to ensure clients’ savings subsist during their lives
Core rate leaps past Bank of Canada target
Annual inflation appears to be easing, according to the latest data from the Organization for Economic Co-operation and Development (OECD). The OECD said Tuesday that consumer prices growth slowed to 1.7% in the year to August, compared with 2.0% in July. “This slowdown in the annual rate of inflation mainly reflects a sharp deceleration in […]
Excluding food and energy, the annual inflation rate rose by 1.8%
Core inflation approaching central bank’s 2% target