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Tag: US Inflation

Canada

Canada Is Softening Its Rate Hike Position While The US Considers A “Super” Hike

February 11, 2022

Canada and the US both reported the highest inflation in decades, but they have different takes on tackling it. In recent days, the Bank of Canada (BoC) softened its stance on rate hikes, blaming transitory issues. Meanwhile, the US Federal Reserve has become more aggressive, calling an inflationary shock. Both countries are expected to raise […]

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Canada

Canada And The United States Have The Highest Inflation In The G7

September 30, 2021

High inflation might seem like a global phenomenon these days, but that appears to be a media bias. The August Consumer Price Index (CPI) for G7 countries shows not all have elevated levels of inflation. Canada and the US are showing significantly higher headline inflation than their peers. Initially it was sold as transitory, but […]

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