Bank of Canada vs. Federal Reserve: who sets interest rates?
Who decides interest rates in Canada and the U.S., what their inflation targets mean, and why a central-bank cut may not change your mortgage payment.
NORTHSCOPE / THE SECTION EDIT
Business
The economy, companies, work, and the forces behind everyday costs.
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Why falling inflation does not mean prices are falling
Falling inflation means prices rise more slowly. A $200 shopping-basket example explains disinflation, deflation and why your household costs may differ.
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Fed’s Cook says AI is adding inflation pressure before its productivity payoff
The governor sees possible longer-term benefits but warns that investment and a changing labour market complicate the outlook.
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U.S. selects 31 grid projects for $1.9 billion in proposed federal support
The SPARK program targets upgrades to existing power lines across 26 states; funding awards and construction remain ahead.
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Canada’s August inflation held at 3%, with transport costs rising faster
The latest Statistics Canada release shows a wide gap between transportation, groceries and shelter price growth.
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BlackBerry says Coretura deal adds over $100 million to QNX backlog
The commercial-vehicle software selection is an estimate of future royalties, with revenue dependent on production and contracts.
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Politics
Elections, government decisions and international diplomacy. Follow the evidence and understand what changes.
