If the price of bread rises faster than the price of potatoes, people who eat a lot of bread are more affected by inflation than those who eat a lot of potatoes. Since the CPI is an average measure, ...
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The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with ...
The readout comes as Trump ramps up his trade war with a wide range of U.S. trade partners, threatening to send inflation higher. He has effectively imposed 25% taxes — tariffs — on foreign steel and ...
Meanwhile, industrial output growth picked up in January, after slowing down in the previous month, due to a rise in manufacturing and mining activities.
Trump's tariffs are the focus of the Money blog today. A 25% tariff on all steel and aluminium imports to the US has taken effect and Canada and the EU have retaliated. Sir Keir Starmer has taken a ...
14, 2010. (AP Photo/Tony Gutierrez, File) WASHINGTON (AP) — U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as ...
Inflation slowed more than expected in February ... The steel and aluminum tariffs as well as additional tariffs levied on Canada and Mexico are expected to drive up the prices of new and used ...
When is the Bank of Canada's next interest rate announcement? The next interest rate announcement is March 12, 2025. What’s happening with inflation in Canada? Inflation is a generalized ...
U.S. inflation data for February will be the highlight ... A rate decision by the Bank of Canada is due, where rates are likely to be cut amid concern about the economic impact of U.S. tariffs ...
More than 47 million people in the US, including 7.2 million ... Greene remembers a time during Trump’s first term when there was a US-Canada dairy dispute which resulted in food banks receiving ...