Inflation
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U.S. inflation data shows consumer prices rose more than expectedThe consumer price index increased 0.2 per cent last month after gaining 0.2 per cent in August, the Labor Department's Bureau of Labor Statistics said on Thursday.Consumer5 hours
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Canadians lost purchasing power since 2022 from inflation, interest rates: PBOInflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, according to the Parliamentary Budget Officer.MoneyOct 8
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‘They’re filling strollers’: Inflation leading to theft at Ontario apple farmsOntario apple farms are worried about slow business as inflation and food insecurity drives visitors away from wanting to buy their locally grown produce.EconomyOct 5
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Inflation may have cooled, but private-label brands ‘having their moment’Amid renewed investment by grocers in their store-branded offerings, studies show many shoppers no longer see store brands as lower quality than name brands.MoneyOct 3
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Ontario’s minimum wage now 2nd highest in Canada after increaseOntario’s minimum wage is now the second highest of all the Canadian provinces following the latest increase, the government says.MoneySep 27
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Canadians are skipping travel insurance to save money. Should they?Only 32 per cent of Canadians surveyed who are planning to travel intend to purchase both emergency travel medical and trip cancellation and interruption insurance.CanadaSep 24
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Despite good economic news, experts warn the pain’s not over yetThe return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.MoneySep 21
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Bank of England holds key rate after U.S. Fed makes 1st cut in 4 yearsThe Bank of England kept its benchmark interest rate on hold at five per cent on Thursday, mere hours after the U.S. Federal Reserve had delivered an oversized rate cut.EconomySep 19
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Strong housing market rebound could slow pace of rate cuts: BoCDeliberations from the Bank of Canada's latest interest rate cut show a rebound in the housing market could play spoiler for the pace of rate cuts going forward.MoneySep 18
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U.S. Fed cuts its key rate by 50 basis points in dramatic shiftThe U.S. Federal Reserve delivered an oversized interest rate cut of 50 basis points, reflecting confidence in taming inflation but concern over the economy.U.S. NewsSep 18
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