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Articles on Inflation

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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

The throne speech: Inflation crowds out the agenda — and could for years to come

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

Nigeria’s food inflation: losers, winners and a possible solution

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.
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

Jerome Powell keeps his job at the Fed, where he’ll be responsible for preventing inflation from spiraling out of control – without tanking the economy

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.

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