Monetary Policy

Federal government posts $3.62 billion surplus for April to June

Economic Indicators

Federal government posts $3.62 billion surplus for April to June

Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier

August 25, 2023

1 min read

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

Economic Indicators

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

Global monetary policy going separate ways: Fitch

Global monetary policy going separate ways: Fitch

Emerging markets begin to cut rates as developed markets stuck in hike mode

By James Langton |August 24, 2023

2 min read

With U.S. economy still humming, are we facing higher-for-longer interest rates?

Economic Indicators

With U.S. economy still humming, are we facing higher-for-longer interest rates?

As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

By Christopher Rugaber, The Associated Press |August 23, 2023

5 min read

Wages, productivity pose threat to inflation fight

Economic Indicators

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

Fed minutes: Too-high inflation, still a threat, could require more rate hikes

Economic Indicators

Fed minutes: Too-high inflation, still a threat, could require more rate hikes

Policymakers said they "need to see more data" to be sure inflation pressures are abating

By Christopher Rugaber, The Associated Press |August 16, 2023

4 min read

U.K. inflation falls to 17-month low but unlikely to derail another interest rate rise

Economic Indicators

U.K. inflation falls to 17-month low but unlikely to derail another interest rate rise

Annual rate falls to 6.8% largely driven by lower energy prices, according to Office for National Statistics

By Pan Pylas, The Associated Press |August 16, 2023

2 min read

Decorative pattern

Economic Indicators

As inflation jumps to 3.3%, economists say uptick is bad news for BoC

Core measures of inflation eased slightly last month

By Nojoud Al Mallees, The Canadian Press |August 15, 2023

3 min read

Economists expect rise in inflation as price growth fight enters new phase

Economic Indicators

Economists expect rise in inflation as price growth fight enters new phase

An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada

By Nojoud Al Mallees, The Canadian Press |August 14, 2023

3 min read

U.S. inflation rises to 3.2%, but core measures remain mild

Economic Indicators

U.S. inflation rises to 3.2%, but core measures remain mild

Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting

By Paul Wiseman, The Associated Press |August 10, 2023

4 min read

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