The expected inflation rate was 1.5 percent. Meanwhile, core inflation softened to 1.8 percent in December from 1.9 percent in November due to a moderation in services inflation. The stability in ...
Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...
Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.
The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...
Canada’s annual inflation rate fell to 1.8% in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said ...
In fact, Powell still wants to cut rates, albeit more slowly this year than last year. If the Fed isn’t concerned about the inflation and insolvency issues facing the U.S., then the bond ...
While inflation rates have come down from peaks in 2022, many still worry about increased prices as 2025 begins. Inflation can be difficult to predict, but if trends continue, we can expect ...