Inflation news
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Inflation sparks worldwide protests as food, fuel prices soarEconomists say Russia's war in Ukraine amplified inflation by further pushing up the cost of energy and prices of fertilizer, grains and cooking oils.EconomyJun 25
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U.S. inflation hit a new 40 year high amid rising prices of gas, foodThe prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.EconomyJun 10
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Interest rates must still rise despite high debt, house prices: Bank of CanadaThe Bank of Canada's annual financial system review comes as decades-high inflation rates are straining deeply indebted households after a run-up in the real estate market.CanadaJun 9
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Bank of Canada hikes key interest rate 50 basis points for 2nd time in a rowThe 50-point move was expected by economists who predicted the Bank of Canada would raise rates for the third time this year in an effort to tamp down on high inflation levels.EconomyJun 1
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Bank of Canada to release interest rate decision amid rising inflationEconomists are expecting the Bank of Canada to hike its key interest rate by another half-percentage point to 1.5 per cent on Wednesday.CanadaJun 1
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‘Perfect storm’ fueling inflation but ‘this is not the 1970s’: Bank of Canada deputyInflation is at a multi-decade high, but the situation is different than the 1970s, a senior Bank of Canada official said Thursday.EconomyMay 12
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60% of Canadians worry about feeding their families amid inflation: Ipsos pollConcerns around inflation are rising as rapidly as prices themselves, with six in 10 Canadians now worried about their ability to put food on the table, according to Ipsos.MoneyMar 23
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Inflation is surging. Here’s how to protect your moneyThe Ukraine war and surging inflation are creating new pressures and uncertainty on Canadians' stock portfolios, but experts have tips to skirt the market downturn.MoneyMar 16
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Bank of Canada holds interest rates for now, but signals hikes to comeThe Bank of Canada is maintaining its benchmark interest rate at 0.25 per cent as some economists had predicted an increase amid surging inflation levels.CanadaJan 26
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