News

US-Canada deal prospect offers hope but inflation a worry if tariffs remain, says BoC
The Bank of Canada Governor Tiff Macklem said on Wednesday that the prospect of a new Canada-U.S. trade deal offers hope that ...
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Trade, jobs and inflation
Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He explains that restoring open trade is important for jobs, growth and price ...
Food and drink inflation hits highest level in 15 months - but these 3 items are cheaper
Food and drink inflation soared to its highest level in 15 months in May, official figures show. The latest data from the ...
BOJ's inflation warning leaves room for another rate hike this year
The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year ...
BOK Warns of Inflation Risks From US Tariffs, Israel-Iran Crisis
While South Korea’s inflation has stabilized near the central bank’s 2% target, US tariffs and the Israel-Iran conflict are ...
UK inflation expected to ease slightly after jumping to 3.4% in April
Economists are expecting price rises to have settled in May, resulting in a slowdown in the overall inflation rate.
Fed keeps rates steady but pencils in two cuts for 2025; Powell sees 'meaningful' inflation ahead
The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...