Page 13 - Avery Shenfeld News Today

The Consumer Price Index ticked up in April as a variety of costs – including gasoline, rents and mortgage interest – contributed to the first acceleration since last summer. Here’s a breakdown of everything you need to know

Homeowners renewing their mortgages could face huge increases as interest costs soared 28.5% in April, driving up inflation. Read on.

Homeowners renewing their mortgages could face huge increases as interest costs soared 28.5% in April, driving up inflation. Read on.

The Federal Reserve is unclear over what comes next, but investors seem to have little doubt this was the last hike this cycle

The strike is definitely large enough to make a serious short-term dent in the overall economy

Beyond the massive loss of salary to tens of thousands of workers, the strike by PSAC will also have a spillover effect on shipping and travel, economists say.

Both markets and many economists still expect the BoC to cut rates by year-end

Both markets and many economists still expect the BoC to cut rates by year-end

Both markets and many economists still expect the BoC to cut rates by year-end

Policymakers in Ottawa said recent economic data is reinforcing their confidence that inflation will continue to slow.