Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate mortgage ...
inflation will be higher,” he said during a press conference in Ottawa. “We are going to be assessing the relative weight of those two.” In a departure from previous Bank of Canada meetings, Macklem ...
The unemployment rate would average 4.5% this year ... The effects of the duties on the U.S. economy and inflation are significant because Canada, Mexico and China are the largest U.S. trading ...
Trump declared an economic emergency in order to place duties of 10% on all imports from China and 25% on imports from Mexico ...
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
CPI report will likely show some inflation, but not enough to alarm the Federal Reserve. Read more to see my thoughts on the ...
"In his first term, President Trump instituted tariffs that helped level the playing field for American industry and workers ...
Bank of Canada officials have acknowledged that the economic uncertainty created by a potential trade battle support their ...