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Here’s what led to the rise in Canada’s inflation number and what it could mean for the next Bank of Canada interest rate announcement.
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including ...
Money markets now suggest only about a 6% chance of a quarter-point cut on that day after the bank’s next policy meeting, ...
The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace of population growth ...
The Bank of Canada released a summary from its most recent meeting, in which its members decided to leave interest rates ...
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation.
Although markets are trying to shrug off the week's U.S. tariff threats as yet another negotiation tactic, there's growing ...
The annual core inflation rate in Canada, which excludes eight of the most volatile components such as food, energy, and mortgage interest costs, stood at 2.5% in May, unchanged from the prior month.
Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in the US.
The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs.