Inflation rises to 2.4% in September thanks to the cost of petrol and groceries – MoneySense

Gasoline prices continue to decline year on year, mainly due to the elimination of the carbon price for consumers, although prices at the pump increased modestly on a monthly basis. With gas prices falling less year-on-year in September than in August, StatCan said this added some fuel to inflation numbers. Food, rent and travel costs […]

Jerome Powell indicates the American Federal Reserve to move slowly with interest rates

Washington -Federal Reserve chairman Jerome Powell indicated on Tuesday a cautious approach to future interest rates, in stark contrast to other FED officials who have called for a more urgent approach. In comments in Providence, Rhode Island, Powell noted that there are risks for both the goals of the FED to find maximum employment and […]