But higher interest rates are weighing on economic activities dependent on credit
High prices and interest rates pose challenges to the home-building and mortgage sectors
An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada
Earnings to remain under pressure as the sector faces slow growth and elevated costs
The rise is due to a surge in post-secondary students signing leases, population growth and homebuyers holding off on purchases
By all measures, inflation has cooled over the past year, moving closer to the Fed’s 2% target level but still remaining persistently above it
Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting
Outside tech layoffs early this year, companies have mostly been retaining workers
Increase in residential permit activity ends three straight quarterly declines
Financial pressure likely to intensify as mortgages reprice in years ahead