Economic Indicators

US inflation reached a new 40 year high in June of 9.1%

Excluding food and energy, annual consumer prices in the U.S. rose 5.9% on an annual basis in June

By Christopher Rugaber, The Associated Press |July 13, 2022

5 min read

Bank of Canada hikes key interest rate by full percentage point to 2.5%

The central bank now forecasts that inflation will remain at 8% over the next few months

By The Canadian Press |July 13, 2022

3 min read

Conference Board cuts economic growth forecast for 2022 and 2023

The think tank says it's not expecting an economic contraction in Canada, but the risks are creeping up

By Staff, with files from The Canadian Press |July 12, 2022

1 min read

Canadian household budgets stretched thin as inflation, interest rates rise: Survey

Nearly half of respondents are reining in spending on travelling, dining out and entertainment

By The Canadian Press |July 11, 2022

2 min read