Despite rate increases, Fed chairman says rates "haven't been restrictive very long"
The long-awaited decline in food inflation has yet to come
A dip in inflation may not be enough to stop another rate hike
With inflation at 8.7%, monetary policy committee raised interest rate to 5%
Latest hike came after inflation rose slightly to 4.4% in April
Central banks seek sweet spot between fighting inflation and sparking recession
CREA data suggest a marked shift away from sluggish sales and slumping prices
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
Government spending, hiring and transfers are making BoC's job tougher
Job gains have moderated, StatsCan says