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UK Inflation Soars to 6-Month High: Interest Rate Cuts on Hold?

World

20 Nov, 2024

UK Inflation Soars to 6-Month High: Interest Rate Cuts on Hold?


The United Kingdom experienced a significant jump in inflation during October, reaching 2.3%, a figure that surpasses both September's 1.7%...

Bank of Canada Expected to Deliver a Supersized Rate Cut: Why This Time Is Different

Business

23 Oct, 2024

Bank of Canada Expected to Deliver a Supersized Rate Cut: Why This Time Is Different


The market is abuzz with anticipation as the Bank of Canada prepares to announce its latest interest rate decision on...

UK Inflation Plunges to 3.5-Year Low, Signaling Potential Rate Cuts

World

16 Oct, 2024

UK Inflation Plunges to 3.5-Year Low, Signaling Potential Rate Cuts


UK inflation fell unexpectedly to 1.7% in the year to September, the lowest rate in three-and-a-half years. Lower airfares and...

Inflation Slows to Lowest Level in Years, But Core Prices Remain Elevated: What It Means For You

World

11 Oct, 2024

Inflation Slows to Lowest Level in Years, But Core Prices Remain Elevated: What It Means For You


Inflation in the United States dropped last month to its lowest point since it first began surging more than three...

Inflation Cools Further, Signaling More Fed Rate Cuts: Key Inflation Gauge Falls to Lowest Since 2021

World

27 Sep, 2024

Inflation Cools Further, Signaling More Fed Rate Cuts: Key Inflation Gauge Falls to Lowest Since 2021


The Federal Reserve's preferred measure of inflation continued to cool in August, easing pressures on the central bank to keep...

Australian Inflation Falls to Lowest Level in Three Years, but Rate Cuts Unlikely Yet

World

25 Sep, 2024

Australian Inflation Falls to Lowest Level in Three Years, but Rate Cuts Unlikely Yet


A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5 per cent in July...

Petrol Prices Plunge in Australia: Is This the New Normal?

World

25 Sep, 2024

Petrol Prices Plunge in Australia: Is This the New Normal?


Motorists should expect continuing relief at the bowser with petrol prices plummeting as low as $1.60 a litre in some...

Inflation Bites: 9 in 10 Canadian Small Businesses Feel the Pinch Ahead of the Crucial Holiday Season

Business

21 Sep, 2024

Inflation Bites: 9 in 10 Canadian Small Businesses Feel the Pinch Ahead of the Crucial Holiday Season


Many small businesses rely on a strong holiday season to make ends meet, and while inflation has cooled from previous...

South African Rand Gains Ahead of Rate Cut: Is a 50 Basis Point Drop on the Horizon?

World

19 Sep, 2024

South African Rand Gains Ahead of Rate Cut: Is a 50 Basis Point Drop on the Horizon?


The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is...

Canada's Inflation Rate Hits Target, Fueling Hopes for Larger Interest Rate Cuts

Business

18 Sep, 2024

Canada's Inflation Rate Hits Target, Fueling Hopes for Larger Interest Rate Cuts


Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price...

Canada's Inflation Rate Hits Bank of Canada's Target: Is A 50-Basis Point Rate Cut Looming?

World

17 Sep, 2024

Canada's Inflation Rate Hits Bank of Canada's Target: Is A 50-Basis Point Rate Cut Looming?


Canada's inflation rate fell to two per cent last month, finally hitting the Bank of Canada's target after a tumultuous...

Canadian CPI & US Retail Sales: Key Economic Releases To Watch This Week

World

17 Sep, 2024

Canadian CPI & US Retail Sales: Key Economic Releases To Watch This Week


The timing of the Fed’s first interest rate cut of the cycle has been the dominant market theme all year,...

Czech Inflation Stays at 2.2% y/y in August: CNB Rate Cut Looms?

World

16 Sep, 2024

Czech Inflation Stays at 2.2% y/y in August: CNB Rate Cut Looms?


Czech consumer prices increased by 2.2% year-on-year in August, which is the same level of growth Czech statisticians reported for...

Dollar Plunges to 1-Year Low Against Yen as Fed Rate Cut Bets Surge

World

16 Sep, 2024

Dollar Plunges to 1-Year Low Against Yen as Fed Rate Cut Bets Surge


The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the...

Hungary's Inflation Slows to Three-Year Low, Fueling Rate Cut Hopes

World

11 Sep, 2024

Hungary's Inflation Slows to Three-Year Low, Fueling Rate Cut Hopes


Inflationary pressures in Hungary eased in August, bringing a glimmer of hope for a potential rate cut by the central...

Hungary's Inflation Slows Sharply, Giving Central Bank More Room to Cut Rates

Business

10 Sep, 2024

Hungary's Inflation Slows Sharply, Giving Central Bank More Room to Cut Rates


Hungary's inflation eased more than expected in August, bolstering the case for the central bank to resume interest-rate cuts. Consumer...

Russia's Central Bank to Hike Interest Rates Again: What it Means for the Economy

Business

8 Sep, 2024

Russia's Central Bank to Hike Interest Rates Again: What it Means for the Economy


Russia's central bank is expected to raise its benchmark interest rate by 100 basis points to 19% at its Sept....

Eurozone Inflation Hits 3-Year Low, but ECB Remains Cautious on Rate Cuts

World

4 Sep, 2024

Eurozone Inflation Hits 3-Year Low, but ECB Remains Cautious on Rate Cuts


Inflation in the Eurozone has fallen to its lowest level in over three years, intensifying speculation that the European Central...

Aussie Dollar Surges as Inflation Slows, but Rate Cuts Remain Unlikely: What It Means for You

World

28 Aug, 2024

Aussie Dollar Surges as Inflation Slows, but Rate Cuts Remain Unlikely: What It Means for You


The local bourse has fallen as traders digested a slightly smaller deceleration in domestic inflation that pushed the Aussie dollar...

Nvidia Earnings & Inflation Report: What To Watch This Week in the Markets

Business

28 Aug, 2024

Nvidia Earnings & Inflation Report: What To Watch This Week in the Markets


The stock market has maintained a bullish trend for some time, rebounding from earlier losses experienced at the beginning of...

Australia's Inflation Slows, But Interest Rate Cuts Still Seem Distant: Will the Aussie Dollar Rise?

World

28 Aug, 2024

Australia's Inflation Slows, But Interest Rate Cuts Still Seem Distant: Will the Aussie Dollar Rise?


Australia's inflation rate eased in July, but the slowdown was driven by government rebates on electricity bills, leaving markets uncertain...

Inflation Cools to Lowest Level in Three Years, Cementing Expectations for Another Rate Cut

World

20 Aug, 2024

Inflation Cools to Lowest Level in Three Years, Cementing Expectations for Another Rate Cut


Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists’ forecasts and solidifying expectations for another interest...

Canadians Got Poorer in 2022: New Stats Show Median Household Income Down After Inflation

World

20 Aug, 2024

Canadians Got Poorer in 2022: New Stats Show Median Household Income Down After Inflation


Despite median household incomes rising slightly in 2022, new data shows Canadians got significantly poorer when accounting for inflation. New...

Chicago's 90-Year-Old Diner Fights for Survival Amid Inflation: 'Tell the Revolutionaries to Come by for a Sandwich'

World

20 Aug, 2024

Chicago's 90-Year-Old Diner Fights for Survival Amid Inflation: 'Tell the Revolutionaries to Come by for a Sandwich'


A beloved Chicago diner is on the brink of closing its doors for good as it struggles to keep up...

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