Inflation hits Bank of Canada 2% target for second straight month
OTTAWA -- Canadian annual inflation hit the Bank of Canada's ideal target for a second straight month, providing a stretch of price stability that's unlikely to weigh heavily on next month's interest-rate decision. The inflation number came in at two per cent last month, Statistics Canada said Wednesday, which kept it right at the mid-point of the central bank's range of one to three per cent. Compared with a year earlier, consumers paid less in July for gasoline, internet services and traveller
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