Economists Weigh In: Latest Inflation Data and Its Implications for the Bank of Canada
Canada’s inflation rate was unchanged last month, holding steady at 3.1 per cent, above the Bank of Canada’s target range. Find out more
Canada’s inflation rate was unchanged last month, holding steady at 3.1 per cent, above the Bank of Canada’s target range. Find out more
German inflation eased more than forecast in November on retreating energy and travel costs, putting the European Central Bank’s 2% target within reach.
Falling food price inflation risks being reversed as supermarkets are weighed down with extra costs imposed by the Chancellor, retail chiefs have warned.
There were signs of strong holiday shopping over the weekend as several additional retailers prepare to report this week, but stocks felt pressure early Monday from weak Chinese industrial profits data. Several Treasury auctions run today and Fed speakers return tomorrow.
Asia stocks steady ahead of inflation tests, OPEC+ meeting
Sharp rises in the cost of petrol and food have pushed millions more people into poverty
Monetarists are warning of the delayed relationship between money supply and inflation