Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two ...
A small amount of inflation is normal and is seen as good for the economy by most economists. The Federal Reserve aims for inflation of 2% over the long run, and for much of the last 20 years, the U.S ...
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
St. Louis Federal Reserve President Alberto Musalem on Thursday raised the twin risks of rising inflation expectations and a ...
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...
U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President ...
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
Shelter inflation, which is a measure of the average cost of housing in the US, rose to 4.8% year-over-year in December, according to the latest Consumer Price Index, the most commonly used measur ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
Canadian consumer prices reaccelerated for the first time in three months as the central bank’s preferred core measures are ...