The Bank of Canada cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75 ...
Inflation, as measured by the consumer price index, slowed more than expected in February. The CPI increased 2.8% from a year ...
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.
Core CPI, which excludes volatile food and energy prices, came in at 3.1% — the lowest reading since April 2021.
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...
Yet both measures have largely become stuck at the levels reached last summer, when a retreat in inflation largely stalled ...
The U.S. dollar strengthened slightly, after the WSJ Dollar Index settled Tuesday at the lowest level since November.
Inflation eased in February, marking the first decline in five months. The Consumer Price Index (CPI) rose 2.8% year-over-year, down from January’s 3% rate, according to the Bureau of Labor Statistics ...
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren’t calmed.
The so-called core CPI probably rose 3.2% from February last ... Traders, as well as Fed officials, will pay particular attention to the survey’s inflation expectations metrics. The Bank of Canada is ...