Canada’s yearly inflation rate rose to 1.9 percent in January, after slowing to 1.8 percent in December. January was the ...
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as ...
January's data provides the last inflation reading before the Bank of Canada's next policy decision on March 12. The central bank has forecast inflation will remain around its 2% target over the next ...
Market expectations for a pause in interest-rate cuts increase after the higher consumer-price report.
Subscribe to the Daily News Brief. Nearly half of all U.S. imports—more than $1.3 trillion—come from Canada, China, and Mexico. However, analysis by Bloomberg Economics shows that the new ...
The last time we played around with tariffs was back in 2018 when we started a trade war with China. To say the least that ...
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Even at the president's lower tariff for Canadian energy, a 10% rate on Canada's oil and gas is estimated to increase gas prices by up to 20 cents a gallon, particularly in the Midwest and the ...
On Feb. 1, President Donald Trump imposed tariffs on Canada, China, and Mexico — the United States’ largest trading partners. WATCH: What Trump’s tariffs could mean for America’s biggest ...
(AP) — President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China ... the actual 2.9% annual inflation rate in December’s consumer ...
Also under the order, energy imported from Canada, including oil, natural gas and electricity, would be taxed at a 10% rate. Tariffs ... already squeezed by inflation. The second-term Democrat ...
The annual inflation rate in the US edged up to 3% in January 2025, compared to 2.9% in December 2024, and above market forecasts of 2.9%, indicating stalled progress in curbing inflation.