Inflation

U.K. borrowers brace for more expensive loans as inflation fails to fall as anticipated U.K. borrowers brace for more expensive loans as inflation fails to fall as anticipated

Industry

U.K. borrowers brace for more expensive loans as inflation fails to fall as anticipated

Inflation held steady at 8.7% in the year to May, against expectations for a modest decline

By Pan Pylas, The Associated Press |June 21, 2023

2 min read

Fed’s Powell: More rate hikes are likely this year to fight still-high inflation Fed’s Powell: More rate hikes are likely this year to fight still-high inflation

Economic Indicators

Fed’s Powell: More rate hikes are likely this year to fight still-high inflation

Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says

By Christopher Rugaber, The Associated Press |June 21, 2023

4 min read

High government spending means more inflation? It’s complicated, economists say High government spending means more inflation? It’s complicated, economists say

Economic Indicators

High government spending means more inflation? It’s complicated, economists say

Link between government spending and inflation is complex

By Nojoud Al Mallees, The Canadian Press |June 19, 2023

3 min read

Food inflation may be easing but prices won’t return to pre-pandemic levels, RBC says Food inflation may be easing but prices won’t return to pre-pandemic levels, RBC says

Economic Indicators

Food inflation may be easing but prices won’t return to pre-pandemic levels, RBC says

Food prices have risen 18% over two years and prices will stay elevated due to shrinking herd sizes, wage growth and other factors

By The Canadian Press |June 16, 2023

1 min read