Inflation
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US Economic
Canada’s inflation accelerated to 3.4% in December
December’s Consumer Price Index report for Canada is another bump in the road in the path toward price stability. The…
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US Economic
Sticky service and housing prices illustrate the difficult last mile in inflation fight
The December Consumer Price Index captures both the broader disinflation taking place inside the goods sector and the persistent inflation…
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US Economic
Will spiking shipping costs cause inflation to surge?
When economists talk about bottlenecks, they typically refer to points in a supply chain that slow down production. The global…
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US Economic
Has Team Transitory really won America’s inflation debate?
In late 2021 Jerome Powell, chairman of the Federal Reserve, called for the retirement of “transitory” as a description for…
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US Economic
Has America really escaped inflation?
At some point American economic growth will disappoint expectations. For now, though, it appears to have ended 2023 much as…
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US Economic
Inflation in Canada stayed steady at 3.1%
Canada’s inflation in November failed to make progress, staying steady at 3.1%. But core inflation apart from housing and food…
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US Economic
U.S. November Consumer Price Index: Inflation continues to abate
Inflation continued to abate in November as energy prices declined by 2.3% and gasoline prices dropped by 6%, resulting in…
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US Economic
Inflation slows again, pointing to another rate pause
Inflation in October fell to its slowest pace in more than a year, solidifying the case for the Federal Reserve…
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US Mortgage
Latest inflation report bodes well for mortgage rates
It may be time for the Fed to cut interest rates “Mortgage rates are plunging with the news of inflation…
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US Mortgage
Despite rising costs, millennials continue to dream of owning a home
Among those surveyed, 76% preferred a single-family home while 3.6% wanted a condominium, 8.6% wanted an apartment, and 3.7% wanted…
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