Inflation

Fed’s preferred inflation gauge shows modest rise in latest sign of slowing price increases

Economists, traders increasingly believe Federal Reserve won't hike in September

By Christopher Rugaber, The Associated Press |August 31, 2023

4 min read

ECB’s Lagarde says interest rates to stay high as long as needed to defeat inflation

Her address followed a speech earlier Friday in Jackson Hole by Federal Reserve Chair Jerome Powell

By Christopher Rugaber, The Associated Press |August 25, 2023

2 min read

Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes

Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

By Christopher Rugaber, The Associated Press |August 25, 2023

5 min read

Wages, productivity pose threat to inflation fight

Rising labour costs could mean a harder economic hit to curb inflation, Scotia report says

By James Langton |August 21, 2023

2 min read