r/Economics • u/Technical_Ostrich_47 • 17h ago

News US inflation rises more than expected ahead of midterm elections (3.7%)

https://www.bbc.com/news/articles/cwy8lx3pg4k2o
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u/Tribe303 14h ago

The inflation rate here in Canada is only 3.0% but new numbers are not out yet and its expected to rise to 3.2% this quarter. We ARE affected by the oil price spike, but we are not affected by the Trump tarrifs. (as far as inflation is concerned that is) Lastly, historically the US has ~0.5% lower inflation. 

laughs in Canadian

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u/Matt2_ASC 14h ago

If Canada continues building on their positive international relations, this trend will continue. I hope the public sees the long term view and let's it play out that way.