📣 Canada's Inflation Cools to 2.9% in January, Surpassing Expectations with Significant Drops in Core Inflation. #CanadaEconomy #InflationUpdate
Key Details:
📍 Canada's annual inflation rate falls to 2.9% in January, below the anticipated 3.3%.
📍 Decrease driven by lower…
invst.ng/k3y Signs point to easing inflation in the Eurozone. Is the peak finally behind us?' 📉🇪🇺 #EconomicRelief #ECB #MoneyMatters #InflationUpdate #ConsumerOptimism #RateHikePause ?
Year-on-year food inflation increased to 29.6% and non-food inflation to 22.6%. Inflation outturn is better than expected, despite currency depreciation and fuel price hikes, suggesting a potential return to disinflation from April onward.
#InflationUpdate #gcbcapitalltd #GCL
In case you missed: 🚨 #Fed Chair #JeromePowell suggests recent data hasn't reinforced confidence in meeting the 2% #inflation goal, indicating potential rate cuts might be delayed. #Economy #Fed eralReserve #InflationUpdate
📉 U.S. Core PPI Update 📊
Actual: 2.0% YoY
Easing inflation at wholesale level.
Positive for consumer inflation outlook.
Market Impact: Potential USD weakening; expect short-term volatility.
#PPI #InflationUpdate #MarketImpact
📣 JUST IN: Bank of Canada Maintains Rate at 5%, Aiming for More Assurance on Inflation Control. #BankOfCanada #InflationUpdate
👉 Key Highlights:
📍 Bank of Canada keeps benchmark interest rate at 5%, aligning with economists' predictions.
📍 Fifth consecutive time the rate…
🚀 Inflation's surprise sprint throws forecasts off-track, sparking rethink on rates. Wall Street feels the chill as FOMC rate decision looms. Will they hold steady or adjust to inflation's pace? 📈💡 #InflationUpdate #FOMCDecision #MarketTrends
December's CPI report shows consumer prices up 0.3%, with a 3.4% annual rate. 📈🔍 A critical indicator of the changing economic landscape in the U.S. #ConsumerPriceIndex #EconomicAnalysis #InflationUpdate #FinanceNews Reported by CNBC
'JUST IN: 🇺🇸 President Joe Biden addresses today's spike in the inflation report, hinting it might push back expected interest rate cuts. A crucial pivot in economic strategy? Stay tuned as this develops. #EconomyWatch #InflationUpdate #InterestRates #BidenEconomics '
Inflation continues its upward trend with a 0.4% rise in January, as reported by the Federal Reserve's key gauge. Despite this, core inflation remains steady, reflecting a shift towards services over goods. #InflationUpdate #EconomicTrends #PCEIndex #FinancialAwareness by CNBC
Eyes on the economic compass: FOMC's stance on inflation and interest rates could set the tone for future market dynamics.
#ShareIndia #StockMarketImpact #FOMCInsights #EconomicDecisions #MarketWatch #MonetaryPolicy #FedMeeting #FinancialMarkets #InterestRates #InflationUpdate …
GUS reports Aug inflation at 10.1% YoY with no monthly change. Jakub Rybacki of PIE attributes this to slowing food price growth, down from 15.6% to 12.7%. Sep predictions? Around 9% #InflationUpdate
In February 2024, headline inflation softened to 23.2% year-on-year (down from 23.5% in January 2024), with both food and non-food inflation experiencing marginal declines. Stay informed with trusted information from @gcbcapitalltd
#InflationUpdate #FinancialNews #gcbcapitalltd
🚨 #InflationUpdate : February CPI inflation rate surges to 3.2%, exceeding expectations of 3.1%. Core CPI inflation dips slightly to 3.8%, surpassing the projected 3.7%. This marks the 35th straight month with inflation above 3% and signals a potential shift in Fed policy. Stay…
📉 Some good news:
Headline inflation has been coming down due to falling energy and food prices.
But core inflation remains a concern in many countries.
#InflationUpdate
March Madness: Inflation Surges, Markets Stumble, and the Fed Scrambles
Headline CPI hits 3.5%, core stable at 3.8%. As core goods stabilize, shelter costs spike. Is the Fed lagging as job sectors boom amid shifting consumer trends? #InflationUpdate #EconomicTrends #FedWatch
As Canada's inflation rate slows, wage growth emerges as a potential obstacle to achieving the 2% target. Economists watch closely. #CanadaEconomy #InflationUpdate