The interest rate you earn on a GIC may not be high enough to keep up with inflation. According to the Consumer Price Index, the current inflation rate in Canada is 1.8%. At a glance: Established ...

Policies that stimulate economic growth can cause inflation, too: when people have more money, their demand for products and services can rise, and that can pull up prices. To measure inflation every ...

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 ...

Monthly inflation rose for every major category. Readers may need to consider the unadjusted 12-month rate instead ... ongoing threat to impose tariffs on Canada, Mexico, and China will increase ...

The FT global inflation and interest rates tracker provides a regularly updated visual narrative of consumer price inflation and central bank policy rates around the world. Some content could not ...

The graph below uses historical FDIC data to display national average rates on CDs from 2009 to 2023 and highlights how CD rates responded to changes in central bank policies, inflation rates and ...

We break down what you should know about HISAs and give you our picks for the most competitive interest rates in Canada ... earnings further and counter inflation’s impact on your finances.

Average 15-year mortgage rates were 6.02%. Both of these rates increased compared to the month before. Because inflation has been somewhat stubborn in recent months, mortgage rates may only go ...

Banking giant JP Morgan is forcing its staff in the UK to return to the office five days a week from next month, according to reports. Chief executive Jamie Dimon is said to be set on workers ...

“If you look at the real (inflation adjusted) exchange rate of the pound against the dollar, it has weakened over the past 116 years by a minuscule 0.22pc per year." Commenting on the chart ...

High inflation that moves away from the Fed's annual target of 2% will keep borrowing rates higher for longer. According to the CME FedWatch tool, which tracks market expectations for interest ...

The USD/JPY is rising due to increased US bond yields and inflation data. Higher-than-expected CPI has delayed Fed rate cut expectations. Upcoming data, like PPI, may push USD/JPY toward 155.00.