Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest ...
Global News25d
Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
1:48 Bank of Canada cuts rates by half ... coincided with a high-profile concert series,” StatCan said. 2:37 BIV: Hotel prices in Canada during Eras tour Shelter price inflation decelerated ...
The New York Times15d
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this ... from Mexico and Canada as well as an ...
Financial Post25d
Bank of Canada's job 'far from done': What economists are saying about the inflation data
The Bank of Canada has previously said it sets aside temporary effects on inflation, such as the current ... even after the cumulative 175 basis points of rate cuts from the five per cent cycle peak ...
High Prices Are Trump’s Major Economic Challenge
The annual inflation rate has risen in the three months since the November election to 3%, with gasoline prices climbing, ...
Global News25d
Alberta consumers still feel the pinch from high inflation rate
While the rate of inflation continued to cool in Canada in December, in Alberta consumers continue to experience one of the highest inflation rates in the country. According to Statistics Canada ...
Yahoo Finance17d
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
OTTAWA (Reuters) -The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high ...