News

Inflation unchanged at 1.7% in May as rental price growth slowed
Canada's inflation rate came in at 1.7 per cent in May, unchanged from the previous month, Statistics Canada said on Tuesday.
Inflation stays at 1.7 per cent in May, putting Bank of Canada rate cut in doubt
Canada’s annual rate of inflation stayed at 1.7 per cent in May, according to data released Tuesday by Statistics Canada.
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
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Inflation holds steady at 1.7% in May
The latest Statistics Canada figures are a step in the right direction, but the odds of an interest rate cut in July are low, ...
Steady May inflation figures don’t make the case for rate cuts: economists
May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in ...
Core inflation rate rose to 2.7% in May, personal income falls
CNBC's Rick Santelli reports on the latest economic data to cross the tape. One of the most powerful warships in the US Navy.
Key U.S. inflation gauge rose last month while Americans cut back on spending
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...
U.S. consumer spending falls unexpectedly in May
Consumer spending, which accounts for more than two-thirds of economic activity, dropped 0.1 per cent last month after an ...
New car price inflation may already be here, and tariffs will make it worse: Cox Automotive
The analysts at Cox Automotive believe tariff-induced price hikes are coming for new cars, and it's possible they're already ...
Inflation holds steady at 1.7% in May as rent hikes cool
The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, ...