Canada Inflation Exceeds All Forecasts on Gas and Clothes

Canada’s inflation rate accelerated faster than economists predicted in October, led by gasoline and clothing and suggesting the economy may be running hotter than the central bank had thought.

U.S. consumer spending, inflation rise in June

(Reuters) - U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations that the Federal Reserve will curtail its bond purchases later this year.

Canada Inflation Falls to Slowest Since 2009 on Gasoline

Canada’s annual inflation rate fell in April to its slowest in more than three years, taking it below the central bank’s target band and adding to evidence of growing slack in the world’s 11th largest economy.

US consumer confidence at highest since February 2008

WASHINGTON: Americans' confidence in the economy surged last month to the highest level in nearly five years, as many were encouraged by an improving job market.

Bernanke Quells Talk of Fresh Fed Stimulus

Federal Reserve Chairman Ben S. Bernanke said elevated unemployment and subdued inflation mean interest rates are likely to stay low, without offering any sign that the economy needs an additional monetary boost.