Inflation Update
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Rate hikes spark debate on inflation causes. How do we fight it?The fact that unemployment is likely to rise is an uncomfortable truth for central banks dealing with backlash over rising interest rates.EconomyOct 4, 2023
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More Canadians struggling to meet monthly bills, survey suggestsThe poll also suggests the Conservative party's support is at 38 per cent -- three percentage points higher than it was in the last poll in late July.EconomySep 1, 2023
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U.S. economy in ‘uncharted waters’ as inflation falls with low unemployment: reporthe gap between the last Fed meeting in July and the next one is an unusually long eight weeks, giving them two full months of data to consider.U.S. NewsAug 10, 2023
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‘Pockets of resilience,’ slowing momentum in global economy: IMFThe International Monetary Fund said that inflation "seems to have peaked" in 2022, and core inflation, while also easing, remains above targets in most G20 countries.WorldJul 13, 2023
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More Bank of Canada rate hikes ‘risk tilting the economy into a recession’: analystsThe central bank lifted its benchmark rate to a 22-year high of 4.75 per cent this month and is expected to tighten further in July or September.EconomyJun 29, 2023
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Does high government spending fuel inflation? Economists says ‘it’s more complicated’While most fiscal experts agree that government spending can fuel inflation, economic research suggests the link between the two is more complex.CanadaJun 19, 2023
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U.S. Fed leaves key rate unchanged – but signals future hikes this yearThe Federal Reserve kept interest rates unchanged on Wednesday but signaled that borrowing costs will likely rise by another half of a percentage point by the end of this year.U.S. NewsJun 14, 2023
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Housing upturn could delay a shift by Bank of Canada to cut rates. What to knowThe housing market's upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the benchmark rate at 4.5 per cent since January.EconomyMay 15, 2023
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Inflation is falling sharply. But that doesn’t mean the end of rate hikesCanada's annual inflation rate has been steadily declining since last summer, as global price pressures ease and high borrowing costs weigh on spending.CanadaApr 18, 2023
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Getting inflation back to 2% has ‘long way to go’ and will be ‘bumpy’: PowellThe Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.MoneyMar 22, 2023
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