Inflation news

• Inflation sparks worldwide protests as food, fuel prices soar

  Economists say Russia's war in Ukraine amplified inflation by further pushing up the cost of energy and prices of fertilizer, grains and cooking oils.

  Economy

  Jun 25
  
• U.S. inflation hit a new 40 year high amid rising prices of gas, food

  The 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.

  Economy

  Jun 10
  
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• Interest rates must still rise despite high debt, house prices: Bank of Canada

  The 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.

  Canada

  Jun 9
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• Bank of Canada hikes key interest rate 50 basis points for 2nd time in a row

  The 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.

  Economy

  Jun 1
• Bank of Canada to release interest rate decision amid rising inflation

  Economists are expecting the Bank of Canada to hike its key interest rate by another half-percentage point to 1.5 per cent on Wednesday.

  Canada

  Jun 1
• ‘Perfect storm’ fueling inflation but ‘this is not the 1970s’: Bank of Canada deputy

  Inflation is at a multi-decade high, but the situation is different than the 1970s, a senior Bank of Canada official said Thursday.

  Economy

  May 12
• 60% of Canadians worry about feeding their families amid inflation: Ipsos poll

  Concerns 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.

  Money

  Mar 23
• Inflation is surging. Here’s how to protect your money

  The Ukraine war and surging inflation are creating new pressures and uncertainty on Canadians' stock portfolios, but experts have tips to skirt the market downturn.

  Money

  Mar 16
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• Bank of Canada holds interest rates for now, but signals hikes to come

  The 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.

  Canada

  Jan 26