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cutting-rate

U.S. inflation eased in May, signaling that an early-year price uptick has passed

by Walter Watson
U.S. inflation eased in May, signaling that an early-year price uptick has passed

U.S. inflation eased last month in a hopeful sign that an uptick in prices from earlier this year may have passed. The trend, if it holds, could move the Federal Reserve …

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U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting

by Walter Watson
U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have …

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Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

by Anas Siddiqui
Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a …

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