July's Consumer Price Index (CPI), published by the US Bureau of Labor Statistics on Wednesday morning, signaled cooling inflation levels as the print came in line with economist forecasts. Yahoo ...

Inflation has fallen dramatically since 2022, from 9% to just under 3%, getting closer to the Fed’s target of 2%. It was a ...

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.

About 7.6 per cent of the items that make up the consumer price basket have prices that are increasing within the Bank of Canada’s target year-over-year inflation range of 1 to 3 per cent.

Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its July meeting.

Inflation prediction: 2.9 per cent BMO expects a slowdown in prices for food and gasoline to help temper consumers’ inflation expectations. “ (That’s) exactly what policymakers want to see,” Kavcic ...

Short-term inflation expectations remain elevated Despite lower gas prices, consumer expectations for inflation one and two years ahead continued to edge up (Chart 1). At the same time, inflation ...

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 ...

Canada was among the first to adopt inflation targeting as a mandate in 1991. Though Lee believes the Bank of Canada again waited too long to address bubbling inflation, today’s reaction is ...