Inflation Uplift Throws Mortgage Market Into Fresh Uncertainty: but Could a Rate Cut Still Be Coming? Industry Reaction - IFA Magazine

Coming around again: inflation returns

Coming around again: inflation returns Inflation jumped sharply in April. What’s going on? The rollercoaster ride of inflation was set in motion at the start of this decade. In January 2020 the annual inflation rate, as measured by the Consumer Prices Index (CPI), was 1.8%. By August 2020, as Covid-19 took hold, it had dropped ... Read more The post Coming around again: inflation returns appeared first on Advanta Wealth.

UK inflation rises again, complicating rate cut prospects for August: investment strategists share analysis and reaction - Wealth DFM

With June’s UK CPI reaching 3.6% and core inflation remaining stubbornly high, wealth managers face a complex monetary outlook. Market strategists warn that the Bank of England’s expected rate cuts may be delayed as inflationary pressures from national insurance, shipping, and energy costs persist, raising the risk of stagflation just as growth falters. Sharing her analysis, Lindsay James, investment strategist at Quilter said: “Despite last nig…

Inflation uplift throws mortgage market into fresh uncertainty: but could a rate cut still be coming? Industry reaction - IFA Magazine

Mortgage advisers and property investors are facing fresh questions after the news that UK CPI inflation unexpectedly ticked higher in June, casting doubt over a summer rate cut. Experts from across the industry, including Just Mortgages, Propertymark, and Mortgage Advice Bureau, share their thoughts on what these data mean for affordability, buyer sentiment, and the housing market’s path forward. Nathan Emerson, CEO of Propertymark, comments: “…

Inflation Headache Remains for Firms  - British Chambers of Commerce

Responding to the latest inflation data published this morning by the Office for National Statistics, Stuart Morrison, Research Manager at the British Chambers of Commerce said:   “With CPI rising by 3.6% in June, off the back of fuel price changes, the daily inflation headache for businesses should not be underestimated. Inflation continues to be a major external concern for the firms we represent, cited by over half of businesses in our latest…