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Tag: Inflationary Pressures

Majority of British consumers expect rising costs for weekly grocery shopping

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Majority of British consumers expect rising costs for weekly grocery shopping

Due to inflationary pressures, food prices have risen for more than half of British consumers. Photo: Daniel Leal/AFP via Getty (DANIEL LEAL via Getty Images) The majority of British consumers said the cost of their weekly grocery shop had increased over the past six months as the country struggled with cost of living issues. According […]

Fed’s soft landing is ‘firmly anchored’: BMO CIO

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Fed’s soft landing is ‘firmly anchored’: BMO CIO

Wall Street breathed a sigh of relief this morning as initial jobless claims and retail sales for July underscored the resilience of the labor market and consumers in the face of ongoing inflationary pressures. Yung-Yu Ma, chief investment officer of BMO Wealth Management US, joins the Morning Brief to analyze the numbers and what they […]