Inflation has slowed. At what cost?

It's been almost a month now since trade talks between the U.S. and Canada collapsed and Mark Carney's government walked away from a deal. Canadian retaliatory tariffs went into effect earlier this month and yet more U.S. tariffs hit this week. A new deal between the two countrie ...  Show more

At her State of the Union address yesterday, the President of the European Commission, Ursula von der Leyen, made a historic offer: she wants Canada to become the first “associate member” of the European Union.No one knows exactly what that will mean. Associate membership is a de ...  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