21 min listen
Why the ‘last mile’ of inflation is the hardest
FromThe Decibel
ratings:
Length:
21 minutes
Released:
Feb 9, 2024
Format:
Podcast episode
Description
The most recent numbers show that inflation in Canada is at 3.4 per cent. Still above the 2-per-cent target, which is where the Bank of Canada would like it to be. And this last little bit of inflation is a critical period for the Bank in terms of adjusting interest rates.Mark Rendell covers the Bank of Canada for The Globe’s Report on Business and he explains what challenges remain to squeeze that last little bit of inflation out of the economy.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com
Released:
Feb 9, 2024
Format:
Podcast episode
Titles in the series (100)
On the ground in Ukraine as the war takes a turn: Russia is gaining ground in its invasion of Ukraine. On day 7 of the war, Russia occupied Kherson, a key city in the southern part of Ukraine. Russia started targeting densely populated areas like Kyiv and Kharkiv with heavy shelling, destroying buildings and killing civilians. On March 2, Ukraine’s emergency service said the Russian invasion has killed more than 2,000 civilians in the country. Senior international correspondent Mark Mackinnon is in Lviv, Ukraine. He is back on the show to tell us what Russia’s gains mean for the people of Ukraine and whether they have a chance at holding Russian troops back. Plus, he tells us about his journey out of Kyiv as the invasion on Ukraine began. by The Decibel