Economy

Fed’s favoured inflation gauge shows price pressures easing Fed’s favoured inflation gauge shows price pressures easing

Economic Indicators

Fed’s favoured inflation gauge shows price pressures easing

Despite the near-end of high inflation, many Americans remain unhappy with the cost of living

By Christopher Rugaber, The Associated Press |August 30, 2024

3 min read

Inflation falls to 2.2% in Europe Inflation falls to 2.2% in Europe

Policy

Inflation falls to 2.2% in Europe

The door’s now open for the European Central Bank to cut interest rates

By David Mchugh, The Associated Press |August 30, 2024

3 min read

Alberta expects oil prices to boost its surplus Alberta expects oil prices to boost its surplus

Economic Indicators

Alberta expects oil prices to boost its surplus

The government has no plan to immediately introduce the promised personal tax cut

By Lisa Johnson, The Canadian Press |August 30, 2024

2 min read

U.S. economic growth for Q2 upgraded to 3% annual rate U.S. economic growth for Q2 upgraded to 3% annual rate

Economic Indicators

U.S. economic growth for Q2 upgraded to 3% annual rate

Measures of consumers' spirits have shown a recent uptick

By Paul Wiseman, The Associated Press |August 29, 2024

3 min read