Consumer price index (CPI) inflation in Canada is easing as monetary policy works to reduce inflationary pressures. Core inflation is also coming down, although risks remain and it will take more time to see if this progress proves durable. The global economy is expected to grow at around 3% this year and next. In the United States, economic growth has been surprisingly resilient. A strong job market is boosting consumer spending, and business investment is up due to increasing demand and government incentives. US growth is expected to slow later this year but to remain stronger than previously projected. Inflation ... (full story)