Monetary Policy

U.S. inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile

Economic Indicators

U.S. inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile

Sticky inflation could endanger the possibility of a rare ``soft landing''

By Christopher Rugaber, The Associated Press |August 8, 2023

5 min read

BoC enters “tricky” stage as inflation may rise again

Economic Indicators

BoC enters “tricky” stage as inflation may rise again

The last few hikes are more art than science, CIBC's chief economist says

By Maddie Johnson |August 4, 2023

3 min read

Bank of England hints that U.K. borrowing rates will stay high after latest hike

Economic Indicators

Bank of England hints that U.K. borrowing rates will stay high after latest hike

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

By Pan Pylas, The Associated Press |August 3, 2023

3 min read

Europe’s economy grows after months of stagnation, but rate hikes weigh on businesses

Economic Indicators

Europe’s economy grows after months of stagnation, but rate hikes weigh on businesses

The 20 eurozone countries saw modest growth in Q2

July 31, 2023

3 min read