“Stronger price pressures stateside could also be bad news for Canada if the Fed isn’t able to lower rates this year since it could, at the margin, restrain the Bank of Canada’s ability to cut rates ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump ...
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...
OTTAWA — Canadians do not want to engage in a trade war with the United States, but they will be “equally unequivocal” in ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on ...
The bank also warned that retaliatory tariffs by Canada and other nations against the U.S. if Donald Trump imposes tariffs could cause a period of inflation.
The Canadian dollar steadied against its U.S. counterpart on Wednesday, with the currency unable to sustain a move out of its ...
The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, ...
U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for a range ...
The University of Michigan’s latest consumer survey, released Friday, showed that Americans’ inflation expectations for the year ahead surged this month to 4.3% ...
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