Open this photo in the gallery: Customers shop at a store in Vernon Hills, Ill. on June 12th.Nam Y. Huh / Associated Press Signs that inflation pressures in the United States are steadily easing emerged on Friday in reports that consumer prices rose in June at their slowest pace in more than two years and … Read more
Open this photo in the gallery: A woman walks past the Bank of Canada headquarters in Ottawa on Wednesday, June 1, 2022.Adriansibrold / The Canadian Press Faced with uncertainty about the strength of monetary policy, the Bank of Canada’s governing council debated whether or not to raise interest rates in its July rate announcement – … Read more
Fed to announce tariff decision at 2 p.m. EDT (1800 GMT) Markets expect the policy rate to rise in the range of 5.25% -5.50% Washington, July 26 (Reuters) – the Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, marking the 11th hike in the past 12 … Read more