Economic Indicators

U.S. consumer confidence jumps to a two-year high as inflation eases

The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets

By Paul Wiseman, The Associated Press |July 25, 2023

2 min read

This is why the BoC hasn’t backed off rate hikes

June's decline in inflation was praised by governor Tiff Macklem, but he's also warned the central bank is ready to raise interest rates further. Why?

By Nojoud Al Mallees, The Canadian Press |July 24, 2023

4 min read

Can the Fed pull off a soft landing?

Economists have been downgrading their probabilities of a U.S. recession

By Christopher Rugaber, The Associated Press |July 24, 2023

5 min read