Inflation has slowed. At what cost?

The shockwaves triggered by the U.S.-Israeli war on Iran have made clear the extent to which the global economy relies on oil, and the U.S. dollar. It’s no accident. So today we are going to try and understand how and why the U.S. and Saudi Arabia created this system, and how sev ...  Show more

Prime Minister Mark Carney’s government has delivered its spring economic update amidst an unpredictable global backdrop. It included a better-than-expected deficit figure and billions of dollars for skilled trades workers, as well as a sovereign wealth fund. Senior business corr ...  Show more

To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.

The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that in ...

In the struggle to control inflation, the Federal Reserve has raised interest rates five times already this year.

But those efforts can be blunted if companies keep raising prices regardless. And one industry has illustrated that difficulty particularly starkly: the car ...

Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around the world all raising interest rates, will we finally see inflation go back down ...  Show more

The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ...  Show more