Inflation

Inflation headed higher in September: OECD

Energy and food price pressures eased, but inflation still rose

By James Langton |November 3, 2022

1 min read

Bank of England makes biggest interest rate hike in 30 years

The aggressive move comes even as the bank predicted a two-year economic contraction

By Danica Kirka, The Associated Press |November 3, 2022

4 min read

Key issue as Fed meets this week: When to slow rate hikes?

Some economists say the Fed should soon consider scaling back the fastest pace of rate increases since the early 1980s

By Christopher Rugaber, The Associated Press |October 31, 2022

5 min read

Amid growing criticism, Macklem says Bank of Canada’s independence not under threat

Forecasters are expecting higher interest rates to trigger a recession

By Nojoud Al Mallees, The Canadian Press |October 31, 2022

4 min read