Inflation U.S.

• Fed’s Powell warns more rate hikes coming as U.S. inflation pressures ‘run high’

  With inflation in the U.S. still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said.

  U.S. News

  Jun 21, 2023
  
• Home Depot cuts sales forecast in sign consumers are reining in renos

  Home Depot cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending.

  Economy

  May 16, 2023
  
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• U.S. inflation cools slightly in April, but prices still elevated 

  Consumer prices in the U.S. accelerated in April after months of declines, with measures of underlying inflation suggesting that rising costs could persist for months to come.

  Economy

  May 10, 2023
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• U.S. Fed signals rate hike as soon as March to fight inflation

  The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March.

  Economy

  Jan 26, 2022
• U.S. inflation rate hits 6.2% in October, highest in over 30 years

  U.S. consumer prices jumped 6.2 per cent in October.

  Money

  Nov 10, 2021
• What’s causing higher inflation and why it could last years

  Concern about faster-rising prices is growing.

  Money

  Jul 28, 2021