A CPI inflation calculator uses the CPI-U all-items series. Here is what that measures, what it leaves out, and how inflation data feeds interest rate decisions.
The Bank of Canada rate hold on Sept 2, 2026 leaves the policy rate at 2.25% and prime at 4.45%, with markets now pricing hikes in 2027.
Federal Reserve Chair Kevin Warsh’s Jackson Hole address pushed U.S. Treasury yields to their highest levels since January 2025, lifting rate-hike expectations and adding pressure to bond, currency, and equity markets worldwide.
Oil prices in the mid-$80s and renewed Middle East tensions drove a global retreat from risk assets on September 1, 2026, lifting Treasury yields to 4.756% and raising Federal Reserve tightening odds to 62%.
