‘The hard work begins.’ Economists expecting rise in inflation rate
annual inflation rate
But economists expected the victory against high inflation to be short-lived, as underlying price pressures suggest it will take some time for inflation to return to the two per cent target., that basically the easy phase is over and now the hard work begins,” said Douglas Porter, BMO’s chief economist.
Porter said although lower gasoline prices have driven the decline in inflation over the last year, rising prices may start to add to inflationary pressures.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Economists expect rise in inflation as price-growth fight enters new phaseForecasters anticipate this week's consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines in inflation.
Read more »
Alberta expats recount evacuation, devastation of Maui wildfires | Globalnews.caFuelled by a dry summer and strong winds from a passing hurricane, the fire started Tuesday and took Maui by surprise, racing through the historic town of Lahaina
Read more »
Tourism Jasper harnessing power of AI: ‘The sky is the limit’ | Globalnews.caTourism Jasper is exploring how AI could be used on everything from travel patterns and seasonal hiring to human-wildlife conflict and adaptation to climate change.
Read more »
What’s behind Republican calls for a Biden impeachment inquiry? - National | Globalnews.caThe growing effort to paint Biden as corrupt and worthy of being impeached centres on alleged influence peddling and enrichment schemes by the president's son, Hunter Biden.
Read more »
Exclusive News and Articles from Financial Times and National PostSubscribe now to read the latest news in your city and across Canada. Get access to exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman, and others. Enjoy daily content from Financial Times, the world's leading global business publication. Unlock unlimited online access to read articles from Financial Post, National Post, and 15 news sites across Canada with one account. Access the National Post ePaper, an electronic replica of the print edition, to view on any device and engage in sharing and commenting. Solve daily puzzles, including the New York Times Crossword. Register or create an account to unlock more articles and enhance your reading experience.
Read more »
Leylah Fernandez's Run Ends with Loss to Danielle Collins at National Bank OpenLeylah Fernandez's impressive run at the National Bank Open came to an end with a 6-2, 6-3 loss to American Danielle Collins. The match concluded on a rainy night at the National Tennis Centre in Montreal.
Read more »