Despite disappointment in the performance of many central banks, let’s not lose sight of key lessons. First, inflation stinks, inflicting most harm on those who can afford it least. Second, central ...

Explore how floating exchange rates work, their pros and cons, and how Turkey implements this system. Learn how currency ...

The problem with this analysis is that when the central bank is doing a good job of keeping inflation close to the 2 per cent target – as it has largely done since 1995 – future inflation is ...

In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...

The decision to focus on inflation was renewed earlier this month. While the Bank aims for an inflation rate of about 2%, Carney said the ideal rate would be closer to zero, or even below. But ...

1:54 Inflation finally hits Bank of Canada’s 2% target Annual inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the Bank of Canada ...

Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around the target.

Inflation is now expected to be slightly below previous estimates by the ends of 2025 and 2026, coming in exactly at the central bank’s two per cent target.

Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth. The ...

Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target.

“Inflation occurs when prices of a range of goods and services rise on average. It means that money’s buying power is ...