U.S. inflation rose for the second straight month, though core inflation showed modest signs of easing. Still, economists say it likely won’t be enough to warrant a Fed rate cut later this month.
U.S. core inflation eases, but Fed rate cut this month remains unlikely
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our Privacy Policy.
Related posts
View All
OSFI maintains capital level despite trade risk
Canada’s financial regulator left capital requirements unchanged for the country’s largest banks, signalling that it believes systemic risks to bank balance sheets remain stable despite…
Read More
Scotiabank lifts CEO’s pay 28% as strategy gets traction
Bank of Nova Scotia’s board gave Chief Executive Officer Scott Thomson a raise, with his overall compensation increasing to $13.2 million last year as he…
Read More
EV-ready parking spots should be required in new apartment builds: report
New multi-unit buildings across Canada should be required to make their parking spots electric-vehicle ready as a possible way to spur EV uptake, a report…
Read More