Link between government spending and inflation is complex
Central banks seek sweet spot between fighting inflation and sparking recession
Four in 10 respondents set no money aside for retirement in the past year
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
Higher inflation and debt payments are exceeding income growth
Signals there could be two more hikes this year
Tuesday's inflation figures arrive as Federal Reserve officials begin a pivotal two-day meeting
Government spending, hiring and transfers are making BoC's job tougher
Risks rising due to higher interest rates, commercial struggles, banking stress
Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate