Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say
Gas prices soared to almost $1.97 a litre at some gas stations in Greater Sudbury, Ont. on Tuesday…
Inflation cools more than expected in June as gas costs fall, underlying prices ease
WASHINGTON (AP) — U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell,…
Cold comfort for Reserve Bank in mixed inflation report
Australia’s inflation pulse continues to strengthen despite an easing in prices at the fuel bowser. The annual trimmed…
Reuters poll: BoC expected to hold rates through 2026, look past temporary inflation pressures
By Nushaiba Iqbal BENGALURU, June 5 – The Bank of Canada will hold its key overnight rate at…
Key inflation gauge worsens as Americans’ income and spending power erodes
WASHINGTON (AP) — A key inflation gauge accelerated in April to the highest level in three years, squeezing…
Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
WASHINGTON (AP) — A key inflation measure jumped in March as gas prices soared, the latest sign that…
Singapore expected to keep monetary policy unchanged as growth outperforms
By Jun Yuan Yong SINGAPORE, Jan 26 (Reuters) – Singapore is expected to leave monetary policy unchanged at…
US says price increases eased last month but data may be distorted and Americans aren’t feeling it
WASHINGTON (AP) — U.S. inflation slowed unexpectedly last month according to data that was delayed, and likely distorted,…
Canada’s inflation rate held at 2.2% in November, grocery prices see biggest rise in nearly two years
Grocery prices have trended mostly upwards this year, say economists at RBC, “consistent with rising agricultural commodity prices…
Bank of Canada expected to cut key rate despite mixed inflation, jobs data
OTTAWA — Most economists expect the Bank of Canada will look past strong jobs data and signs of…
The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed…
US inflation stays elevated but prices rose less than feared last month
WASHINGTON (AP) — U.S. inflation remained elevated last month as gas prices jumped while the cost of rents…