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Tag: Inflation

Canada

Bank of Canada Expected to Raise Interest Rates as Inflation Hits 3.1%

OTTAWA, October 26, 2026 — The Bank of Canada is widely expected to raise its benchmark interest rate this Wednesday, as policymakers face growing pressure to contain inflation driven by rising energy prices, despite signs of weakness in the Canadian economy. According to a Reuters report published Monday, October 26, financial markets anticipate a quarter-percentage-point […]

USA

US Consumer Confidence Falls Near Record Lows Amid Inflation Concerns

Consumer sentiment in the United States fell for a third consecutive month in early October, approaching historic lows as rising energy prices and persistent inflation intensified financial pressure on American households. Preliminary figures from the University of Michigan showed its consumer sentiment index declining to 46.3 in October, reflecting growing concerns about the cost of […]

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