Inflation Update

This week the Fed will be releasing their inflation report or Consumer Price Index (CPI) as Q3 ends, with many signs of an imminent recession as interest rates were at an all-time high during recent months. The good news is some economists predict that interest rates may lower in 2023. Although it is still premature to declare victory over inflation, the new information should provide relief for businesses who have felt the pressure earlier this year. We will be sharing more updates. If you have any concern that market situations may affect your business and need help in business planning, we welcome you to reach out to us. We are here to help! #Inflation #Recession #Economy #CPA #Business #Planning