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Lessons Learned from the Last Four Years of Managing Inflation /
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2024-06-25 13:07:20

Lessons Learned from the Last Four Years of Managing Inflation on Nostr: Inflation in Canada Unexpectedly Accelerates in May, Clouding Rate Cut Chances ...

Inflation in Canada Unexpectedly Accelerates in May, Clouding Rate Cut Chances
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#f9660aca ver:0.81

#Inflation in Canada unexpectedly accelerates in May, while US core inflation hits lowest level since April 2021. US wholesale prices decline, with gasoline and food prices dropping. The US economy remains resilient, but inflation slowdown may lead to rate cuts. Import prices in the US fall, boosting domestic inflation outlook. Lower import prices could ease inflationary pressures. Core inflation in the US at lowest level since April 2021, with grocery prices falling. Canada's annual inflation rate accelerates to 2.9% in May, driven by higher prices for services. Bank of Canada may cut rates in July. #economy #inflation #interestrates...

#newstr #UsInflation #CanadaInflation #InterestRates #Economy

https://here.news/story/f9660aca?ver=0.81
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