Inflation jumped up to 4% in August thanks to rising gas prices - eviltoast

August’s consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.

  • Grimpen@lemmy.ca
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    1 year ago

    Yeah, interest rates are blunt instrument, and aren’t going to “fix” this.

    I get that the BoC only really has the one tool, but this is bigger than the BoC.

    • justhach@lemmy.world
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      1 year ago

      Until we can all agree that our goal as a society moving forward should be “sustainability and stability” and not “profit increases year by year at any cost”, its not going to get better.