Investor nervousness about the impact of soaring energy costs is growing.
The latest PPI data could give the Fed “another reason to be more patient with rate cuts,” said Chris Zaccarelli of Northlight Asset Management.
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
The Canadian Press on MSN
Inflation cooled in February before oil price shock; last data ahead of BoC rate call
OTTAWA — Inflation was showing signs of easing in February but economists warn price relief will be short lived as the war in the Middle East fuels surging energy costs.
"With inflation still running hot, the bar for cutting rates in the near term remains high," said John Lloyd, global head of ...
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...
17don MSN
Inflation data sends markets reeling
Bitcoin previously hit a record high above $126,000 in October 2025.
Inflation held steady in February — but offered little clarity for Federal Reserve officials navigating an economic landscape altered by the Iran war.
February 2026 CPI data arrives March 11 with 2.4% inflation forecast. Iran conflict oil surge and weak jobs report may shift Fed rate strategy ahead.
Traders see the February consumer inflation report as a major inflection point for their Federal Reserve outlooks.
Alcohol-free beer and houmous are among the items added to the virtual basket of goods and services used by the Office for National Statistics (ONS) to chart the rising cost of living.
Canada’s annual inflation rate slowed to 1.8 per cent in February, dipping below the Bank of Canada’s two-per-cent target as price pressures eased in several key areas, according to new data from ...
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