1 hour ago Chile Set to Hold Key Rate, Hint at Future Cuts: Decision Guide

Chile’s central bank will likely hold its key interest rate steady Tuesday, while signaling plans to resume monetary easing as global headwinds crimp growth and local inflation slows toward target.

Other

4 d. ago UK Household Inflation Expectations Fell Before April CPI Spike

UK households had been expecting inflation to slow over the coming year, according to a Bank of England survey that was conducted before the sudden jump in consumer prices reported last month.

Economics

5 d. ago Bessent Credits Trump Policies for ‘Substantial’ CPI Improvement

Treasury Secretary Scott Bessent credited President Donald Trump’s policies for a slowdown in US inflation, and said he had challenged a “decades-old status quo” on trade.

Economics

6 d. ago Asia shares climb after China and the US say they have a framework for seeking a trade deal

TOKYO (AP) — Asian shares mostly rose Wednesday after China and the U.S. said they had reached agreement on a framework for following up on the trade truce reached last month in Geneva. Japan’s benchmark Nikkei 225 surged 0.5% in morning trading to 38,385.37. Data from the Bank of Japan data showed wholesale inflation slowed […]

Economics

7 d. ago Norway’s Core Inflation Slows More Than Forecast to 2025 Low

Norway’s underlying inflation rate declined slightly more than expected in May, cementing the case for Norges Bank to begin interest-rate cuts in coming months.

Economics

1 week ago Trade deficit hits record in April as ‘trade has totally collapsed’ amid tariffs

OTTAWA — Canada posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of U.S. President Donald Trump’s tariffs. Statistics Canada said Thursday the result, which followed a deficit of $2.3 billion in March, came as a plunge in exports to the U.S. more than […]

Economics

1 week ago Canada posts largest merchandise trade deficit on record at $7.1B in April: StatCan

OTTAWA — Statistics Canada says the country posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of U.S. tariffs. The agency says the result for April followed a deficit of $2.3 billion in March. Overall exports fell 10.8 per cent in April to $60.4 […]

Economics

2 w. ago U.S. spending slows even as tariffs yet to show impacts so far

The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022.

Economics

2 w. ago US inflation gauge cools with little sign of tariff impact, so far

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped. Friday’s report from the Commerce Department showed that consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March and the lowest […]

Economics

2 w. ago Liberals move to scrap consumer carbon price law in House of Commons

In a notice of motion tabled in the House of Commons, the government signalled it intends to repeal the law after the government used regulations to end the measure in March.

Economics

3 w. ago Majority of Quebecers think province should end carbon pricing, survey says

MONTREAL — Weeks after Prime Minister Mark Carney scrapped the federal consumer carbon levy, more than half of Quebecers want their province to follow suit and abolish its own price on carbon, a new poll says. Published Tuesday, the Leger survey also found that a majority of Quebecers support building a pipeline across the province […]

Politics

3 w. ago April inflation plummets to 1.7 per cent with the end of consumer carbon tax

Statistics Canada says relief did not extend to the grocery store, where prices are rising faster than the overall consumer price index for the third straight month

Economics

4 w. ago Statistics Canada’s April inflation data to show impact of carbon price removal

OTTAWA — Statistics Canada is set to release inflation data for April today. Market data shows economists on average expect the annual rate of inflation cooled to 1.6 per cent last month, from 2.3 per cent in March. The Liberal government eliminated the consumer carbon price at the start of April, offering motorists some relief […]

Economics

4 w. ago Inflation slows sharply to 1.7% in April as consumer carbon price ends

OTTAWA — The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store. The annual pace of inflation cooled to 1.7 per cent last month, down from 2.3 per cent in March, the agency said. […]

Economics

4 w. ago Canada’s April inflation data set to show impact of carbon price removal

New data from Statistics Canada is expected to show the first impacts of the April removal of the consumer carbon price on inflation.

Economics

4 w. ago Inflation in Canada drops in April led by falling energy prices

New data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on inflation.

Economics

last month Economists expect end of consumer carbon price pulled down April inflation to 1.6%

OTTAWA — Canadian motorists were paying less at the pump in April after the Liberals nixed the consumer carbon price — a move economists expect will help keep inflation around the Bank of Canada’s two per cent target as tariff woes percolate. Statistics Canada is set to release its consumer price index figures for April […]

Economics