Inflation
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Bank of England holds key rate as it warns of ‘heightened uncertainty’The Bank of England kept its main interest rate unchanged at 4.75 per cent with new data showing inflation rising to 2.6 per cent, further above the bank's two per cent target.EconomyDec 19
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Loonie drops below 70 cents US as inflation cools in NovemberThe annual rate of inflation cooled to 1.9 per cent in November with Statistics Canada citing a slowdown in travel tour prices as one factor keeping price pressures tame.MoneyDec 17
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U.S. inflation ticks higher ahead of Fed’s interest rate decisionLast week, Fed Chair Jerome Powell suggested that with the economy generally healthy, the Fed could reduce its key rate slowly. Here's how fresh inflation figures affect that.U.S. NewsDec 11
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Bank of Canada cuts rates by half a point but signals ‘more gradual’ paceThe Bank of Canada delivered its second straight interest rate cut of half a percentage point on Wednesday, but signalled a slowdown in easing for 2025.MoneyDec 11
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Bank of Canada readies for a rate cut. Why the loonie is bracing for impactThe Bank of Canada is gearing up for its final interest rate decision of 2024. Here's what role a flagging Canadian dollar might play in the central bank's thought process.MoneyDec 10
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Food prices in Canada likely to increase by 3 to 5% next year: reportWild cards like climate change and Donald Trump could have unforeseen impacts on food prices in Canada, according to a newly released report Thursday.CanadaDec 5
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Plans for eye-catching new Vancouver Art Gallery scrubbed amid surging costsThe institution said it remains committed to building a new cultural hub in the city, but had parted ways with Swiss architecture firm Herzog & de Meuron on the project.EntertainmentDec 3
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Bank of Canada official warns it would be ‘painful’ to see big price dropsRhys Mendes said in a speech on Tuesday that, even though many Canadians may be clamoring for lower prices, an extended decline would not be good for consumers.EconomyNov 27
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‘Challenging blow’: Canada Post strike hindering Ontario food banksFood banks across Canada are struggling to receive donations during their busiest time of the year as the ongoing Canada Post Strike halts mail cheques.EconomyNov 21
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Renewed sense of hope for Toronto Santa Claus Parade’s future: CEOThe Toronto Santa Clause Parade faces financial challenges but, with public and government support, they are working hard to secure its future and keep the magic alive.CanadaNov 20
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