Inflation

Bank of England hikes interest rates but resists bolder move

The decision aims to contain inflation without choking off economic growth, the central bank said

By Danica Kirka, The Associated Press |June 16, 2022

3 min read

‘North America will avoid recession,’ Mackenzie Investments predicts

Rising interest rates, inflation and economic headwinds in China will affect global markets, according to Mackenzie Investments outlook

By Staff |June 15, 2022

2 min read

Fitch slashes its GDP forecasts

Headwinds mount, dragging down the outlook for the world's major economies

By James Langton |June 13, 2022

2 min read

Hot inflation dims likelihood Fed can achieve “soft landing”

Concern grows that interest rate hikes could tip U.S. economy into recession

By Christopher Rugaber, The Associated Press |June 13, 2022

5 min read