Inflation

Top central bankers assert need for higher interest rates to tackle persistent inflation Top central bankers assert need for higher interest rates to tackle persistent inflation

Economic Indicators

Top central bankers assert need for higher interest rates to tackle persistent inflation

Despite rate increases, Fed chairman says rates "haven't been restrictive very long"

By David Mchugh, The Associated Press  and  Christopher Rugaber, The Associated Press |June 28, 2023

4 min read

Canadians’ household debt is high, but risk of major shock is low: economists Canadians’ household debt is high, but risk of major shock is low: economists

Economic Indicators

Canadians’ household debt is high, but risk of major shock is low: economists

While more Canadians will fall behind on debt payments, recent report says most households will manage

By Rosa Saba, The Canadian Press |June 28, 2023

4 min read

Europe’s interest rates to stay high as long as needed to defeat inflation, central bank chief says Europe’s interest rates to stay high as long as needed to defeat inflation, central bank chief says

Economic Indicators

Europe’s interest rates to stay high as long as needed to defeat inflation, central bank chief says

New inflation figures are to be published Friday

By David Mchugh, The Associated Press |June 27, 2023

3 min read

Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike

Economic Indicators

Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike

The long-awaited decline in food inflation has yet to come

By Nojoud Al Mallees, The Canadian Press |June 27, 2023

2 min read