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
Read more
Inflation
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
US Unemployment Rate Dips to 3.5% in July
The US labour market remained robust in July, adding another 187,000 jobs and sending the unemployment rate from 3.6% to
Read more
Canada’s Labour Market Remained Unchanged in July as Population Levels Increase
The Canadian labour market remained essentially unchanged in July, as the unemployment rate inched higher by another 0.1 percentage points
Read more
Hungary’s Inflation Control: Are Price Caps on Groceries Going to Create Shortages?
In response to the spiraling inflation brought about by the Ukrainian war, the Hungarian government implemented official price controls on
Read more
Jerome Powell Raises Rates by Another 25 Basis Points
As was widely expected, Federal Reserve Chair Jerome Powell raised borrowing costs by another 25 basis points, bringing the Federal
Read more