US price and wage growth slows further in latest signs of cooling inflation

US price and wage growth slows further in latest signs of cooling inflation

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

The Bank of Canada debated whether or not to raise rates in July, amid uncertainty about the impact of monetary policy

The Bank of Canada debated whether or not to raise rates in July, amid uncertainty about the impact of monetary policy

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