Jerome Powell Keeps Rates Unchanged at 5.5%
As was widely expected, the Federal Reserve decided to maintain the overnight rate at 5.5%. Following the two-day policy meeting,
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Inflation
Canada’s CPI Rises 4% in August: Canada’s Plan to Bring Down Inflation Isn’t Working
Latest data from Statistics Canada shows consumer prices rose 0.4% month-over-month to an annualized 4% in August, marking an increase
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US CPI Unexpectedly Rises 3.7% in August Thanks to Surge in Gasoline Prices
Inflation in the US rose another 0.6% month-over-month in August, resulting in an annual increase of 3.7%— above forecasts calling
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Canadians Are Spending More on Taxes Than on Basic Necessities
The Fraser Institute has released its annual Canadian Consumer Tax Index, a defacto “pain-o-meter” to gauge how much, exactly, the
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Is Tiff Macklem Throwing in the Towel? BoC Governor Hints at Adjusting 2% Inflation Target
The Bank of Canada and its Governor, Tiff Macklem, have found themselves at a crucial juncture. Amid growing concerns over
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Is The Rate Hike Pause The Calm Before The Recession Storm?
As was forecasted by economists, Bank of Canada Governor Tiff Macklem decided to keep the overnight borrowing rate unchanged at
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Bank of Canada Pauses Rate Hikes
As was forecasted by economists, Bank of Canada Governor Tiff Macklem decided to keep the overnight borrowing rate unchanged at
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BC Premier Begs BoC For Interest Mercy: “Consider The Full Human Impact”
British Columbia’s Premier, David Eby, has taken a bold stance on the looming interest rate hike in September, expressing his
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Canada CPI Rises 3.3% in July as Base-Year Effects Subside
Latest data from Statistics Canada shows consumer prices rose 0.6% month-over-month to an annualized 3.3% in June, marking an increase
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US CPI Rises to 3.2% in July
Inflation in the US rose another 0.2% month-over-month in July, resulting in an annual increase of 3.2%— slightly below forecasts
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