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Articles on Inflation

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A big increase in use car prices drove the inflation rate higher in April. AP Photo/David Zalubowski

Why the inflation rate doesn’t tell the whole story – all it takes is a spike in a category like used cars to cause consumer prices to soar

The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
A woman walks past the Bank of Canada building in Ottawa in September 2017. THE CANADIAN PRESS/Adrian Wyld

The Bank of Canada must seize the pandemic moment and do more for Canadians

Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
Since its creation in 1999, the inflation rate in the euro zone has only exceeded 4 percent for a few months, on the eve of the Great Recession of 2008. Shutterstock

Why the return of high inflation can no longer be excluded

Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.

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