
Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?
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Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?
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Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?
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Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?
Description
June 25, 2024
Canada’s inflation rate accelerated to 2.9 per cent in May from 2.7 per cent the previous month, driven by higher prices for services. Anne Gaviola has more on what’s stressing Canadian households and what this means for the country’s central bank and interest rate expectations this summer.
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Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?01:48 | June 25, 2024
-
At least 34 dead as tourist boat capsizes in Vietnam’s Ha Long Bay01:08 | 3 hours ago
-
At least 37 Palestinians in search of aid killed by IDF in Gaza01:53 | 4 hours ago
-
Venezuela releases 10 jailed Americans in prisoner swap with El Salvador02:36 | 5 hours ago
-
‘We want to eat’: Palestinians in Gaza protest hunger crisis amid ongoing Israeli siege01:20 | July 18, 2025
-
Pakistan monsoon: 63 killed in Punjab flooding in deadliest day01:59 | July 18, 2025
-
‘I’ve never thought of leaving Brazil’: Former president Bolsonaro ordered to wear an ankle monitor00:56 | July 18, 2025
-
‘Space jump was his dream’: Daredevil skydiver Felix Baumgartner dies in paragliding accident02:52 | July 18, 2025
-
Daredevil skydiver Felix Baumgartner dies while paragliding in Italy00:45 | July 17, 2025
-
Canada’s Olivia Smith signs with Arsenal for record fee in women’s soccer01:49 | July 17, 2025
-
Pope Leo ‘deeply saddened’ by deadly Israeli strike on Gaza Catholic church02:06 | July 17, 2025
-
Main stage catches fire at Belgium’s Tomorrowland music festival, 2 days before opening01:19 | July 17, 2025
-
UK plans to lower voting age to 16 in landmark electoral reform02:41 | July 17, 2025
-
Trump ‘would not recommend’ special prosecutor in Epstein case: White House02:33 | July 17, 2025
-
Russia warns Trump it does ‘not accept threats’ following U.S. ceasefire ultimatum01:39 | July 17, 2025
-
Canada ‘pretty difficult to deal with,’ White House says as trade agreement deadline looms01:07 | July 17, 2025
-
Quadeville attack: Teen facing attempted murder, sexual assault charges appears in court00:48 | July 17, 2025
-
Paranormal investigator carrying “possessed” Annabelle doll dies suddenly00:35 | July 17, 2025
-
South Korea floods: At least 2 dead as torrential rain forces mass evacuations00:59 | July 17, 2025
-
Business Matters: Income gap in Canada reaches record high in 1st quarter of 202502:16 | July 17, 2025
-
Air India crash: Pilot federation condemns WSJ report that captain cut fuel after takeoff01:38 | July 17, 2025
-
‘Flames were raging’: Overnight fire at al-Kut shopping mall kills at least 69 in Iraq01:31 | July 17, 2025
-
Secret sounds: Insects listen when plants talk, new research finds01:42 | July 16, 2025
-
Trump calls MAGA base ‘stupid people’ and gullible ‘weaklings’ over Epstein files01:54 | July 16, 2025
-
Gaza Humanitarian Foundation blames Hamas for 20+ deaths in crush at aid site01:57 | July 16, 2025
-
British data leak: Defence secretary says ‘highly unlikely’ exposed Afghans at risk from Taliban03:26 | July 16, 2025
-
U.S. defends Israel-backed aid group, denies responsibility for death of 20 Palestinians05:16 | July 16, 2025
-
Epstein files: Trump says Bondi can release anything ‘credible’ but maintains its Democrat ‘hoax’02:39 | July 16, 2025
-
Syria, Druze announce renewed ceasefire after Israeli airstrikes04:09 | July 16, 2025
-
Beyoncé’s unreleased music stolen; Severance leads Emmy nominations02:48 | July 16, 2025
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Fauja Singh, world’s oldest marathoner, dies at 114 after hit-and-run01:46 | July 15, 2025
-
Netanyahu’s coalition government fractures after key partner quits02:04 | July 15, 2025
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Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?01:48 | June 25, 2024
-
At least 34 dead as tourist boat capsizes in Vietnam’s Ha Long Bay01:08 | 3 hours ago
-
At least 37 Palestinians in search of aid killed by IDF in Gaza01:53 | 4 hours ago
-
Venezuela releases 10 jailed Americans in prisoner swap with El Salvador02:36 | 5 hours ago
-
‘We want to eat’: Palestinians in Gaza protest hunger crisis amid ongoing Israeli siege01:20 | July 18, 2025
-
Pakistan monsoon: 63 killed in Punjab flooding in deadliest day01:59 | July 18, 2025
-
‘I’ve never thought of leaving Brazil’: Former president Bolsonaro ordered to wear an ankle monitor00:56 | July 18, 2025
-
‘Space jump was his dream’: Daredevil skydiver Felix Baumgartner dies in paragliding accident02:52 | July 18, 2025
-
Daredevil skydiver Felix Baumgartner dies while paragliding in Italy00:45 | July 17, 2025
-
Canada’s Olivia Smith signs with Arsenal for record fee in women’s soccer01:49 | July 17, 2025
-
Pope Leo ‘deeply saddened’ by deadly Israeli strike on Gaza Catholic church02:06 | July 17, 2025
-
Main stage catches fire at Belgium’s Tomorrowland music festival, 2 days before opening01:19 | July 17, 2025
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UK plans to lower voting age to 16 in landmark electoral reform02:41 | July 17, 2025
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Trump ‘would not recommend’ special prosecutor in Epstein case: White House02:33 | July 17, 2025
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Russia warns Trump it does ‘not accept threats’ following U.S. ceasefire ultimatum01:39 | July 17, 2025
-
Canada ‘pretty difficult to deal with,’ White House says as trade agreement deadline looms01:07 | July 17, 2025
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Quadeville attack: Teen facing attempted murder, sexual assault charges appears in court00:48 | July 17, 2025
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Paranormal investigator carrying “possessed” Annabelle doll dies suddenly00:35 | July 17, 2025
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South Korea floods: At least 2 dead as torrential rain forces mass evacuations00:59 | July 17, 2025
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Business Matters: Income gap in Canada reaches record high in 1st quarter of 202502:16 | July 17, 2025
-
Air India crash: Pilot federation condemns WSJ report that captain cut fuel after takeoff01:38 | July 17, 2025
-
‘Flames were raging’: Overnight fire at al-Kut shopping mall kills at least 69 in Iraq01:31 | July 17, 2025
-
Secret sounds: Insects listen when plants talk, new research finds01:42 | July 16, 2025
-
Trump calls MAGA base ‘stupid people’ and gullible ‘weaklings’ over Epstein files01:54 | July 16, 2025
-
Gaza Humanitarian Foundation blames Hamas for 20+ deaths in crush at aid site01:57 | July 16, 2025
-
British data leak: Defence secretary says ‘highly unlikely’ exposed Afghans at risk from Taliban03:26 | July 16, 2025
-
U.S. defends Israel-backed aid group, denies responsibility for death of 20 Palestinians05:16 | July 16, 2025
-
Epstein files: Trump says Bondi can release anything ‘credible’ but maintains its Democrat ‘hoax’02:39 | July 16, 2025
-
Syria, Druze announce renewed ceasefire after Israeli airstrikes04:09 | July 16, 2025
-
Beyoncé’s unreleased music stolen; Severance leads Emmy nominations02:48 | July 16, 2025
-
Fauja Singh, world’s oldest marathoner, dies at 114 after hit-and-run01:46 | July 15, 2025
-
Netanyahu’s coalition government fractures after key partner quits02:04 | July 15, 2025
Canada’s inflation rate rose to 2.9% in May, what does that mean for the Bank of Canada?
Description
June 25, 2024
Canada’s inflation rate accelerated to 2.9 per cent in May from 2.7 per cent the previous month, driven by higher prices for services. Anne Gaviola has more on what’s stressing Canadian households and what this means for the country’s central bank and interest rate expectations this summer.
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