inflation, June
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Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence of the Trump administration's increasing import taxes passing through to consumers.
President Trump has flagged that US tariffs on pharmaceutical imports are likely to kick in on Aug. 1, with duties on semiconductors also in line for implementation then too. “Probably at the end of the month,
Dow Futures mixed ahead of wholesale inflation data: 5 things to know before Wall Street opens today
Dow futures mixed as Wall Street eyes bank earnings, inflation data, and tariff risks in a cautious trading session.
The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor
Despite the widespread expectation for a higher CPI reading, a surprise to the downside remains a possibility. - The market still believes the Fed will eventually need to ease monetary policy.
The Canadian dollar was largely flat against its U.S. counterpart on Monday as recent domestic jobs data offset trade uncertainty and investors awaited an inflation report seen as key to the Bank of Canada's upcoming interest rate decision.