‘A little bit louder, a little bit worse’ — what economists are saying about inflation ...Middle East

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Article content Canada’s inflation rate accelerated to four per cent in August, up from 3.3 per cent in July. It’s the second month in a row that the consumer price index has accelerated, pushing inflation well out of the Bank of Canada’s target range of one to three per cent. It also beat economists’ expectations for a 3.8 rise, according to Bloomberg. Article content Here’s what some of Canada’s top economists had to say about the latest inflation print: Article content Doug Porter, Bank of Montreal chief economist “Things just got a lot more interesting for the Bank of Canada, and most definitely not in a good way. We all knew that the extended back-up in gasoline prices was going t

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‘A little bit louder, a little bit worse’ — what economists are saying about inflation ...Middle East

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