Economic Indicators

Persistently high inflation makes businesses less competitive: BoC’s Beaudry

Economic Indicators

Persistently high inflation makes businesses less competitive: BoC’s Beaudry

Economic “distortions” result when inflation remains above 2% target

By The Canadian Press |February 17, 2023

2 min read

Macklem says economy still overheated and jobs market is too tight

Economic Indicators

Macklem says economy still overheated and jobs market is too tight

BoC ready to raise rates further if inflation sticks around

By Nojoud Al Mallees, The Canadian Press |February 16, 2023

2 min read

Cautious but steady consumers buoying hopes for U.S. economy

Economic Indicators

Cautious but steady consumers buoying hopes for U.S. economy

Wage demands could moderate with economy in “middling phase”

By Anne D'innocenzio, The Associated Press  and  Christopher Rugaber, The Associated Press |February 16, 2023

5 min read

U.S. retail sales jump as Americans defy inflation and rate hikes

Economic Indicators

U.S. retail sales jump as Americans defy inflation and rate hikes

January's solid spending will likely raise pressure on the Federal Reserve to hike rates further

By Christopher Rugaber, The Associated Press |February 15, 2023

3 min read