The reading was the largest year-over-year rise since 1982
John Williams, president of the Federal Reserve Bank of New York, sees no ‘compelling argument to take a big step at the beginning’ of steady rate hikes
Positioning, sound policy will help firms weather the inflationary storm
Minutes released Feb. 16 of the U.S. central bank’s policy meeting show most policymakers say faster interest rate hikes are needed if inflation does not move down
Bank of Canada deputy governor Timothy Lane said Wednesday the central bank still expects inflation rates to come down quickly in the second half of the year
Some economists now forecast as many as six or seven quarter-point hikes this year
How inflation affects policyholder behaviour remains to be seen, an analyst with A.M. Best Company Inc. says
Firm now sees seven 25 bps rates hikes in 2022
January's year-over-year increase represented a 40-year high
Invest in worker productivity to create non-inflationary growth, BoC Governor Tiff Macklem tells businesses