Prices that grow too fast make it harder for households to budget for groceries, fuel and other essential goods and services. High inflation is especially difficult for people with low or fixed ...
Since the CPI is an average measure, it represents the big picture of consumer spending across Canada ... This is because any changes the Bank makes to the policy interest rate will take time to ...
But high inflation also influences the job market, often drawing more people into the workforce in ... as the Fed would like because they don’t affect everyone equally. If you’re looking ...
David Paul Morris / Bloomberg via Getty Images ... inflation in the year ahead, according to the most recent survey of consumer sentiment by the University of Michigan. Many economists believe if ...
Today's economy looks very different compared to last year's, and concerns about inflation, market downturns and even a potential recession are weighing on the minds of many Americans. In these ...