People like to blame the green transition for high energy prices, but this is only true up to a point.
Gov. Gen. Mary Simon delivers the throne speech in the Senate as Prime Minister Justin Trudeau, left, and her husband Whit Fraser look on.
THE CANADIAN PRESS/Adrian Wyld
Inflation rates are rising around the world due to pandemic-related pressures. What does it mean for the federal government in the months and years ahead? The throne speech didn’t offer many clues.
The World Bank says Nigeria’s surging inflation had pushed an estimated seven million citizens below poverty line in 2020.
Olukayode Jaiyeola/NurPhoto via Getty Images
Food inflation figures in Nigeria give cause for concern. Accusing fingers are pointed at rising dollars, farmers and middlemen, but this expert says the can may have been placed on the wrong heads.
The US Strategic Petroleum Reserve is the largest in the world.
AP Photo/U.S. Department of Energy
Central bankers are coming under mounting pressure to get inflation under control.
Biden reappointed Jerome Powell, seated at left, to head the Fed. Some progressives wanted him replaced with Lael Brainard, seated right.
AP Photo/Manuel Balce Ceneta
After weeks of mulling, Biden decided to give Powell another term as Fed chair, which means he will have more influence over the trajectory of inflation than anyone else.
True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
People, Planet and Prosperity was on the agenda of the G20 Finance Ministers and Central Bank Governors’ meeting in February 2021.
G20 Italy Finance Media / Handout/Anadolu Agency via Getty Images
Peter Martin, Crawford School of Public Policy, Australian National University
The 55 leading economists surveyed by the Economic Society see few signs of Australia aping the US, where inflation has surged to its highest level in 30 years.
Shopping bags are getting heavier – on your wallet.
AP Photo/Mark Lennihan
Against all speculation, the bank decided to hold the base rate at all-time lows for another month.
A January 2012 demonstration against the removal of petroleum subsidies in the northern Nigerian city of Kano.
LPhoto credit should read
Pius Utomi E/kpeiAFP via Getty Images)
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Extinction Rebellion protesters outside the Bank of England, September 2021.
Vickie Flores / EPA