Economy

U.S. administration is watching inflation closely, Yellen says Fallback Image Decorative pattern

Economic Indicators

U.S. administration is watching inflation closely, Yellen says

No one wants to relive the double-digit inflation of the 1970s, Yellen told the Senate Finance Committee on Wednesday

By Martin Crutsinger, The Associated Press |June 16, 2021

2 min read

Annual inflation rate climbed to 3.6% in May Fallback Image Decorative pattern

Economic Indicators

Annual inflation rate climbed to 3.6% in May

The reading compared with a year-over-year gain of 3.4% in April

By The Canadian Press |June 16, 2021

3 min read

May home sales fell 7.4%, but on pace for record level this year: CREA Fallback Image Decorative pattern

Economic Indicators

May home sales fell 7.4%, but on pace for record level this year: CREA

Sales are expected to reach typical levels through the latter half of 2021 and into 2022

By Tara Deschamps, The Canadian Press |June 15, 2021

3 min read

Fitch boosts growth, inflation forecasts Fallback Image Decorative pattern

Economic Indicators

Fitch boosts growth, inflation forecasts

The inflation spike is likely temporary, but a Fed hike could come sooner than previously expected

By James Langton |June 15, 2021

2 min read