The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12 ... Before that pause, a series of rate hikes in quick succession were made to quell inflation, which peaked at 8.1 ...

Inflation in the United States appears to be heading in the wrong direction, which has some economists worried that the U.S.

A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to ...

That could result in a recession, and boost unemployment and inflation. The Bank of Canada typically reacts to rising inflation by increasing interest rates. At the moment, Holt places the odds of ...