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Canadian January CPI growth edged into the BoC’s target range

February 20, 2024

CPI growth decelerated to 2.9% year-over-year from 3.4% in December – back under the top end of the Bank of Canada’s (BoC) 1% to 3% target range for the first time since June 2023.

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U.S. CPI growth shows underlying signs of inflation reacceleration

February 13, 2024

The year-over-year rate of CPI growth slowed less than expected in January - to 3.1% from 3.4% year-over-year with core (ex-food and energy) price growth unexpectedly holding steady at 3.9%

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