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Poloz links rising unemployment to inflation risks and counter-tariffs
Canada’s unemployment rate rose to 7% in May, and more layoffs may follow, according to former Bank of Canada Governor ...
U.S. Inflation Remains Muted, With Limited Effects From Tariffs
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
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Inflation eases despite tariffs, but stores still raise prices
Although May posted more moderate inflation figures than expected, the price hikes seen in stores and specific sectors reveal ...
The May CPI is expected to reflect initial tariff effects, but not by much
Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer ...
Fed to keep rates on hold at least until September as inflation risks linger
The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists ...
Trump economy shows surprising resilience despite tariff impacts
Annual inflation rose to a 2.4 percent pace in May, suggesting President Donald Trump’s tariffs have yet to drive up the cost of everyday products.
Dollar sinks to three-year low on Trump tariff threat
The dollar was dragged lower after the US president told reporters he would send letters to trading partners outlining new tariff rates in the next couple of weeks, as the end of the 90-day pause on ...