inflation

Politics

Former U.S. treasury secretary warns Trump’s proposed tariffs could boost inflation 

Former U.S. treasury secretary Larry Summers is sounding the alarm on president-elect Donald Trump’s proposed economic policies, warning that they…

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Canada

Inflation ticked up to 2% in October

Canada’s inflation rate rose to two per cent in October, according to Statistics Canada. This increase comes after the consumer…

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Business

Inflation rate drops to 1.6% in September

Canada’s inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada’s 2…

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Business

U.S. inflation reaches lowest point since February 2021, but price pressures persist

Inflation in the United States dropped last month to its lowest point since it first began surging more than three…

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Politics

Inflation, interest rates hit lower-income Canadians’ purchasing power harder: report

Inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households, a new report from…

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Business

Bank of Canada needs to ‘stick the landing’ now that inflation is at 2 per cent: Macklem

Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the…

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Business

Canada’s inflation rate finally hit the Bank of Canada’s target. What does that mean for prices?

Canada’s inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada’s target…

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Business

Canada’s inflation rate dips to 2.5% in July, lowest since March 2021

Canada’s annual inflation rate dropped to 2.5 per cent in July  — down from 2.7 per cent in June, Statistics Canada said…

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Business

U.S. inflation in July hits lowest rate in 3-plus years

Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that…

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Business

Bank of Canada cuts key interest rate again, more cuts ‘reasonable’ if inflation keeps easing

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying…

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