US inflation accelerated in June as tariffs start to raise prices

Economists โ€” including Fed Chair Powell โ€” had warned that the effects of US President Donald Trumpโ€™s tariffs would not be felt immediately.

๐Ÿ“‰ Inflation cools to 1.7% in April โ€” the second-lowest monthly rate since 2021!

Thanks to falling gas prices, borrowers are seeing some relief as inflation eases. This could impact future interest rate moves, making it a key trend to watch in the months ahead.

Stay informed and prepared with Cashin Mortgages.

#CashinMortgages #InflationUpdate #InterestRates #CanadianEconomy #MortgageNews #InflationCanada #Borrowers #RealEstateFinance #MortgageTips

๐ƒ๐ข๐ ๐˜๐จ๐ฎ ๐Š๐ง๐จ๐ฐ? ๐Ÿ“‰

Canadaโ€™s inflation rate dropped to 2.3% in March and is expected to fall even furtherโ€”around 1.5% in Aprilโ€”thanks to lower gas prices and the removal of the consumer carbon tax.

Weโ€™re now edging closer to the Bank of Canadaโ€™s 2% target, which could open the door to lower interest rates ahead!

#CashinMortgages #InflationUpdate #MortgageTips #BankOfCanada #InterestRates #CanadianEconomy #HomeBuyingTips

๐ƒ๐ข๐ ๐ฒ๐จ๐ฎ ๐ค๐ง๐จ๐ฐ? ๐Ÿค”

Canada's inflation rate slipped to ๐ฌ๐ฅ๐ข๐ฉ๐ฉ๐ž๐ ๐ญ๐จ ๐Ÿ.๐Ÿ–% ๐ข๐ง ๐ƒ๐ž๐œ๐ž๐ฆ๐›๐ž๐ซ, right in line with the ๐๐š๐ง๐ค ๐จ๐Ÿ ๐‚๐š๐ง๐š๐๐šโ€™๐ฌ ๐Ÿ-๐Ÿ‘% ๐ญ๐š๐ซ๐ ๐ž๐ญ ๐ซ๐š๐ง๐ ๐ž! ๐ŸŽฏ๐Ÿ“Š A great sign for the economy and your financial future.

Wondering how this affects your mortgage or investment plans? Letโ€™s chat! ๐Ÿ“ž๐Ÿ’ก

#DidYouKnow #InflationUpdate #BankofCanada #CashinMortgages #FinancialPlanning #MortgageRates #EconomicOutlook #RealEstateCanada #SmartMoneyMoves

India's retail inflation drops to 4.25% in May, the lowest in two years.

This decrease is driven by lower food prices, with vegetable prices falling by 8.9% and cereals by 3.2%.

The Reserve Bank of India aims to maintain inflation within its target range of 2-6%, signaling potential economic stability.

#IndiaEconomy #InflationUpdate #FoodPrices

Fed maintains current interest rates amid ongoing inflation concerns.

Despite earlier optimism, recent data shows inflation progress stalling, suggesting rate cuts might be delayed.

Jerome Powell states achieving a steady decline to the 2% target may take longer than anticipated.

#FederalReserve #InflationUpdate #EconomicPolicy

Inflation in the UK has fallen to 6.8% for July, a decrease from last month's 7.9%. While this may seem like a sign of relief, the Federation of Small Businesses warns that the 'cost of doing business crisis' continues to impact small firms.๐Ÿ“‰ Learn more on our website: https://www.yorkshireaccountancy.co.uk/news/?op=/news/latest-news-for-business/archive/news-article/2023/September/inflation-falls #InflationUpdate #BusinessInsights
News - Yorkshire Accountancy

Yorkshire Accountancy

๐Ÿ“ฃ Fresh CPI data just dropped! ๐Ÿ”

y/y CPI: 4%

(Expected: 4.1%)

#CPI #Economy #DataUpdate #InflationUpdate #FinanceNews