Global Inflation

• IMF projects rosier global economic outlook for 2023, expects inflation to ease

  The International Monetary Fund now expects the world economy to grow 2.9 per cent this year thanks to China dropping its zero-tolerance COVID-19 measures.

  Economy

  Jan 30, 2023
  
• Most Canadians say 2022 was good for them but ‘pessimism’ lingers: poll

  As 2022 comes to an end, Canadians seem to have an "improved, but uneven outlook on the country and the world" compared to the last two years, according to an Ipsos poll.

  Canada

  Dec 31, 2022
  
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• U.S. inflation slowed to 7.1% in November amid cheaper gas prices

  Inflation in the United States slowed again last month in the latest sign that price increases are gradually cooling as the Federal Reserve raises interest rates.

  U.S. News

  Dec 13, 2022
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• U.K. recession will wipe out 8 years of living standard growth, budget watchdog says

  "We're in for a long, hard, unpleasant journey," one expert said, with "high borrowing, high debt, high tax and public spending under strain."

  Economy

  Nov 18, 2022
• Why are global food prices so high? Russia to blame, not sanctions, says NATO chief

  The International Monetary Fund last month cut its global growth forecast for 2023 amid colliding pressures from the war, high energy and food prices.

  Canada

  Nov 3, 2022
• Stocks whipsaw as U.S. Fed signals more rate hikes to come

  A 75-basis-point interest rate hike from the U.S. Federal Reserve, coupled with signals rates will continue to rise, send stock markets into a frenzy on Wednesday.

  Economy

  Sep 21, 2022
• European Central Bank hikes interest rates 75 basis points, signals more to come

  The European Central Bank mirrored the Bank of Canada on Thursday with a 75-basis-point interest rate hike as inflation persists globally.

  Economy

  Sep 8, 2022
• U.S. Fed chair signals ‘pain’ ahead; more rate hikes needed to tame inflation

  Signs that U.S. inflation eased in July as energy prices dropped could open the door to less aggressive interest rate hikes from the Federal Reserve.

  Economy

  Aug 26, 2022