Browsing: Inflation

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the members of the Monetary Policy Committee would do whatever is necessary to get a handle on the country’s persistent inflation. The CBN’s hawkish stance on inflation had become obvious from the first MPC meeting held in February, when the committee raised […]

The Federal Government has assured Nigerians that the introduction of Compressed Natural Gas buses as part of the Presidential CNG Initiative will significantly reduce transportation costs. The government also assured all that it would ultimately contribute to the control of the inflation rate. The Finance Minister and Coordinating Minister of the Economy, Wale Edun, gave […]

The Federal Government has announced plans to pin down Ways and Means advances to address the issue of excessive money in the system and fight inflation. The Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun, made this announcement in Washington DC after meeting with investors during the ongoing spring meetings of the […]

In some cities, non-profits and food co-ops are giving people alternative options as they look to change their shopping habits and cut down on their bills.

Young Canadians’ economic futures are at risk if affordability issues driving up the cost of housing and debt persist, Statistics Canada says in a new report.

Global warming and heatwaves are projected to additionally raise food prices and overall inflation globally in the future, as per new research by scientists and the European Central Bank. A study published in the Journal Communications Earth and Environment on Thursday stated that the effects will differ but be felt everywhere, especially in developing countries.

A senior official at the Bank of Canada noted that the February inflation figures were 'very encouraging,' but stressed that they consider other factors as well.

Chair Jerome Powell said that the unexpected rise in inflation in January and February hadn't fundamentally altered the Fed's view of the economy.

The Bank of Canada’s governing council says the conditions for interest rate cuts should materialize this year, but the housing market is a risk to the inflation outlook.

Recent information released by Rover.com on Tuesday revealed that the expenses of owning a cat or dog in Canada have risen compared to last year. Here is the detailed breakdown of the costs.