Inflation in Canada cooled less than expected last month, supporting the Bank of Canada’s plan to move to the sidelines after back-to-back rate cuts. Headline inflation decelerated to 2.2% in October, ...
OTTAWA—Annual inflation in Canada cooled as expected in October as drivers paid less at the pump, but stickiness in core measures helps cement expectations that interest rates won’t be cut again any ...
SALINE, MI — Saline voters approved three ballot proposals at the polls Tuesday, Nov. 4. A previously approved millage for improving streets, sidewalks, bicycle paths, traffic signals and other ...
Update, 2:45pm: This post has been updated to clarify the relationship between this latest investigation and GM's earlier recall of the L87 engine. Hysterical fears that V-8 engines would be wiped ...
Annual inflation rose less than expected in September, according to a crucial report published Friday, nine days later than normal due to the government shutdown. Consumer prices rose 3.0% in ...
The Bureau of Labor Statistics released the latest measure of the consumer price index this morning. Here are the numbers, at a glance: Overall YoY: 2.7% increase vs. a 2.4% increase in May MoM: 0.3% ...
OTTAWA—Inflation in Canada quickened more than anticipated last month, touching a seven-month high as price pressures continue to simmer in the country. The consumer-price index rose 0.1% in September ...
Calls for the Federal Reserve to cut interest rates have been growing louder, and the central bank has now acted. On September 17, the Fed reduced its benchmark rate by a quarter of a percentage point ...
Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...