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Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Lower inflation in the December quarter boosts chances of an interest rate cut
Australia’s headline inflation rate dropped to a three-year low of 2.4% in the December quarter, according to the Consumer Price Index, adding to pressure for an interest rate cut by the Reserve Bank as soon as next month.
Interest rate cut hopes rise on soft inflation print
The chance of a Reserve Bank rate cut in February has improved considerably after underlying inflation came in below expectations for the December quarter.
Australia inflation cools in Q4, opens door to rate cut
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
1h
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department Howard Lutnick told senators the argument that tariffs cause ...
1d
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
8h
Where Inflation—and Inflation Expectations—Stand as the Fed Meeting Wraps Up
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
4h
on MSN
Inflation falls by 0.5% in Jersey
The rate of inflation has fallen since the historically high level of 12.7% in early 2023. Fuel and light costs - w ...
1d
on MSN
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
5d
on MSN
Americans' Paychecks Are Worth Less Because of Inflation—Here's How Much
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
1d
Can Trump Lower Inflation in 2025?
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...
3d
on MSN
Trump says inflation isn’t his No. 1 issue. So what will happen to consumer prices?
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his ...
2d
Renewed inflation worries help drive oil price rally
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...
11h
Streaming prices climb in 2025 after already surpassing inflation rates
If you were hoping for a respite from rising streaming subscription fees in 2025, you’re out of luck. Several streaming ...
4d
Stocks Await More Earnings After Strong Start And Better Inflation
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the ...
2d
One chart shows that low-income Americans get hit hardest by inflation
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
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