For nearly a decade, Canada’s political stability helped attract foreign investments. Justin Trudeau’s resignation ushers in a new wave of uncertainty. … READ MORE >
Consumer Price Index
Canada’s job market cools as unemployment rises to 6.8%
The unemployment rate increased by 0.3 percentage points to 6.8 per cent — the highest since January 2017—as more people looked for work. … READ MORE >
CPI: Fed to remain patient as real wages rise 1.4%
January’s data shows that inflation is continuing to ease even as wages increase on an inflation-adjusted basis—an undeniably positive development. … READ MORE >
Fed signals end of rate hikes and projects cuts in 2024
The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points next year, with more cuts after that. … READ MORE >
Consumer price index: Volatility in energy and gas makes price stability elusive
Gains toward price stability remain elusive as the 1.5% increase in overall energy costs and stubborn housing inflation were the major drivers of inflation over the past month. … READ MORE >
Inflation slows to 3% in June but the Fed’s work is not done
The 3% year-ago increase in the consumer price index reported by the Labor Department on Wednesday is down from a peak of 9.1% in June 2022. … READ MORE >
March inflation data points to a Fed rate peak in May
The inflation outlook improved in March because of a mix of year-over-year base effects and a significant decline in energy prices, all of which caused the top-line reading to decline to 5% from 6% previously. … READ MORE >
February CPI: Balancing price stability vs. financial stability as inflation remains elevated
Inflation in the United States accelerated modestly in February, increasing by 0.4% on the month and by 6% on a year-ago basis. … READ MORE >
Inflation grew faster in January, bolstering the case for more rate hikes
January’s Consumer Price Index increased by 0.5% on the month, rising from a 0.1% increase in December, and by 6.4% on a 12-month basis, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
U.S. inflation eases in December, supporting a moderation in Fed rate hikes
Top-line inflation declined by 0.1% on the month in December and increased by 6.5% on an annual basis. … READ MORE >