Inflation
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‘Double whammy’: Food banks, Manitobans still struggling despite slowing inflationInflation in Canada is slowing down, but residents are still paying more for groceries. The toll has been immense on residents, and organizations trying to help.MoneyJul 16
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Bank of Canada rate-cut odds rise after June inflation releaseThe Bank of Canada will be closely scrutinizing June inflation figures as the central bank prepares for its next interest rate decision on July 24.MoneyJul 16
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Upcoming June inflation data could open door to 2nd Bank of Canada rate cutThe Bank of Canada will get its last look at inflation figures this week before deciding whether to deliver back-to-back rate cuts on July 24.EconomyJul 15
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U.S. inflation cools again, setting up possible path to rate cutsShould inflation in the United States remain low through the summer, many economists expect the Federal Reserve to begin cutting its benchmark rate in September.U.S. NewsJul 11
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‘Difficult moment of time’: Canadians struggling financially despite cooling inflationA new study by TransUnion Canada found 46 per cent of respondents felt their household finances were worse than planned at this point in 2024.CanadaJul 10
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Major elections are set for 4 G7 countries. Will economic bumps follow?Four G7 countries are voting soon. A former U.S. Treasury official warned U.S. and France elections could result in “a very large boost in global inflation.”CanadaJul 5
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Annual milk report finds cost higher in Kelowna than Lower Mainland, PrairiesThe annual Canadian Fluid Milk Report says the average price for four litres of two per cent milk increased three per cent since its last study in March 2023.CanadaJul 4
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When will the U.S. cut interest rates? Powell says more time neededAfter some persistently high inflation reports at the start of 2024, Jerome Powell said, the data for April and May “do suggest we are getting back on a disinflationary path."U.S. NewsJul 2
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Signs of easing inflation stoke U.S. Fed rate cut hopesA measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease.U.S. NewsJun 28
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Metro Vancouver gas prices dip ahead of Canada Day weekendThe price at the pump for a litre of gas has fallen to about 15 cents lower than it was this time in 2023.MoneyJun 27
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