Inflation has slowed. At what cost?

As the face of America's COVID-19 response, Anthony Fauci was a nearly constant presence in American life throughout the pandemic. To some, he was revered, reaching a sort of celebrity status. But to a movement on the American right, he eventually became a villain, accused not si ...  Show more

A key part of Carney's deal to get a new pipeline built in Alberta involved the creation of the Pathways Project, which he touted as "the world's largest carbon capture and utilization and storage project." Canadian political leaders, both Liberal and Conservative, have been pinn ...  Show more

Rapid inflation has been a problem in the United States for more than two years, but the tide appears to be turning. Annual inflation is now less than half of what it was last summer.

Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, disc ...

The price of everyday things - mainly food - is now rising at the lowest level since 2021.   Official data shows inflation eased last month to 3.2% - down from 3.4% - but the fall was slightly less than economists expected.   On the Daily, Niall Paterson looks at what's going on ...  Show more

The Bank of Canada lowered the interest rate to 4.75 per cent on Wednesday – the first rate cut in four years. As the country’s central bank aims to get the inflation ...

After one of the most aggressive tightening cycles in decades, it looks like central banks are making decent progress in taming inflation, opening the door for a rare soft landing for the economy. BMO Chief Economist Douglas Porter and Senior Economist Sal Guatieri discuss prospe ...  Show more