Summers in early 2021 unsettled some fellow Democrats by warning that President Joe Biden’s US$1.9 trillion fiscal package risked fuelling inflation. He also criticized the Fed for not paying ...

Canada’s annual inflation rate ticked down to 1.8 per cent in December, in large part because of the federal government’s pause on sales tax for an array of goods heading into the Christmas ...

UK pay after inflation has risen at its fastest rate for more than three years, driven by strong wage growth in the private sector. Pay packets increased on average by 3.4% between September and ...

Learn more about our advertising and trusted partners. Canada’s annual inflation rate was 1.8 per cent in December, Statistics Canada says. The agency also released rates for major cities ...

U.S. interest rates are used to set borrowing costs for mortgages in Canada. Royce Mendes, managing director and head of macro strategy at Desjardins Group, said persistently higher inflation in the U ...

OTTAWA, Jan 21 (Reuters) - Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down ...

increasing the likelihood of a Bank of Canada rate cut this month, according to economists. The December Consumer Price Index (CPI) report revealed a continued slowdown in inflation, with the headline ...

Policies that stimulate economic growth can cause inflation, too: when people have more money, their demand for products and services can rise, and that can pull up prices. To measure inflation every ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...