Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...

U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for a range ...

Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

OTTAWA — Canadians do not want to engage in a trade war with the United States, but they will be “equally unequivocal” in ...

“Stronger price pressures stateside could also be bad news for Canada if the Fed isn’t able to lower rates this year since it could, at the margin, restrain the Bank of Canada’s ability to cut rates ...

The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on ...

The bank also warned that retaliatory tariffs by Canada and other nations against the U.S. if Donald Trump imposes tariffs could cause a period of inflation.

On the campaign trail, Trump repeatedly pledged to lower costs for American consumers on “day one.” But three weeks into his second administration, Trump has repeatedly avoided answering the hard ...

The U.S. consumer price index (CPI) rose by 0.5 per cent in January, hotter than what economists were expecting. The ...

The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, ...