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Inflation slowed to 1.7% in July, but food prices rose at faster pace

Inflation cooled in July, thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were accelerating last month.

The Canadian Press on MSN · 4h

Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan

· 6h

Canada’s inflation rate slows to 1.7% in July, led by falling gasoline prices

· 2h

Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, data showed on Tuesday.

Richmond News · 4h

CP NewsAlert: Inflation cools to 1.7% in July thanks to lower gas prices: StatCan

· 6h

Statistics Canada to release July inflation report this morning

· 4h

Canada's annual inflation rate eases to 1.7% in July, core measures stay firm

Core measures of inflation, which are closely tracked by the Bank of Canada have remained resilient and hovered around the top of the bank's preferred range of CPI.

Winnipeg Free Press · 3h

Here’s a list of July inflation rates for selected Canadian cities

Lethbridge Herald · 3h

Here’s a list of July inflation rates for Canadian provinces

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next month.

8hon MSN

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at roughly 83%, according to CME Group 's FedWatch tool calculations on Aug. 18. One month earlier, roughly 59% of traders betting on changes in the federal funds rate thought an interest rate cut would occur in September.

35m

Investors await major speech from Powell for clarity on path for interest rates

Federal Reserve Chair Jerome Powell will speak Friday during an annual economic policy gathering to give his outlook on the economy. It’s a time of high uncertainty with inflation still

Wholesale Inflation Spikes in July as Tariffs Hit the Economy

The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.

French consumer inflation confirmed at 0.9% in July

Consumer price inflation in France was stable in July and met analysts' expectations and the preliminary reading, statistics office INSEE said on Thursday.

Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.