inflation

Now, as he returns to Jackson Hole in Wyoming, Powell needs to convince markets he means business when he addresses the landmark conference of economists on Friday. If he can’t, it could undermine the Fed’s effort to curb the price spikes,…

The Fed’s campaign to curb the highest inflation in four decades runs the risk of triggering a recession in the world’s largest economy. Growth has already slowed — initial readings of GDP showed the economy contracted in the first two…

Fed Chair Jerome Powell has pledged to do whatever it takes to curb inflation, a point that he’ll punctuate on Wednesday when the central bank raises interest rates for the fifth time this year. The job seems nowhere near done, with the…

High inflation and a strong U.S. dollar will weigh heavily on Canadian snowbirds this winter, experts say. As the cold months approach, Snowbird Advisor president Stephen Fine said some snowbirds are opting for a shorter travel period…

Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal…

Hurricanes Ian and Fiona could have grocers that source food from Atlantic Canada and the southern United States passing higher costs on to Canadian consumers, experts say, as some businesses on the east coast begin to rebuild their…

OTTAWA - Liberal payments for dental care and rental housing will only add to inflation, without providing relief from the rising cost of living, Conservative MPs argued in the House of Commons on Monday.…

Like monetary inflation, "skills inflation" will make the value of certain skills erode over time. AFP via Getty Images Business leaders everywhere have a watchful eye on spiraling inflation, which is affecting everything from the cost of…

WASHINGTON — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair…

Business leaders’ expectations for the fourth quarter soured slightly, but they aren’t worsening when looking ahead to the start of next year, according to the quarterly Leeds Business Confidence Index from the University of Colorado…