That’s half a percentage point lower than the 2.5 per cent annual rate recorded in July and continues a general cooling trend through 2024. The last time inflation was at or below two per cent ...

Canada’s inflation rate fell to two per cent in August, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing price growth. Year over year, prices at the pump fell ...

Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol nationwide, the latest data from the National Bureau of ...

Or sign-in if you have an account. OTTAWA — Canada’s inflation rate fell to two per cent last month, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing ...

The South African Reserve Bank (SARB) has cut its benchmark interest rate by 25 basis points from 8.25 per cent to 8 per cent, owing to lower-than-expected inflation levels. This rate cut, coming ...

The US Federal Reserve (US Fed) has cut the target range for the federal funds rate by 50 basis points (bps), from 5.25 - 5.5 per cent earlier to 4.75 - 5.00 per cent on Wednesday, the first time ...

Australia's national unemployment rate remained steady in August at 4.2 per cent. The number of employed people grew by 47,500, and the number of unemployed people declined by 10,500, in ...

while prices at restaurants and hotels fell 0.7 per cent, largely due to prices for alcoholic drinks rising at a slower rate than last year. Services inflation, which is seen as a good gauge of ...

Looking ahead, the Bank of Canada may reduce its policy interest rate to 3.75 per cent by the end of 2024, with further cuts potentially bringing it down to 2.75 per cent by the close of 2025.

Image Source : REUTERS/FILE PHOTO The Bank of England (BoE) building is reflected in a sign, in London, Britain. The Bank of England has kept its main interest rate steady at 5%, despite a ...

Global markets rose on Thursday after the US Federal Reserve slashed interest rates by 0.5 percentage points and set the scene for a series of rate cuts to follow. Euronext Dublin, as the Irish ...

Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.