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Federal Reserve building

CPI surprises largely temporary, shouldn't derail monetary easing

inflation

Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%

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StatsCan will release its consumer price index report on Tuesday, offering a look at the overall inflation rate for 2023

Inflation

New projections suggest inflation will return to 2% target in mid-2025 – six months longer than the central bank previously forecast

UK inflation image

Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison

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National Banks says BoC can be patient while input cost easing plays out

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U.S. CPI up 6% year over year

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Mortgage interest, gas and grocery costs are rising but inflation slowed to 6.9% from 8.1% in June