As has been the case for the last year and counting, all eyes were on the CPI numbers this morning. Inflation continues to cool as the Fed’s actions appear to be doing the job. Whether it’s done ENOUGH of a job for the Fed to re-think their impending rate increases remains to be seen, but ultimately good signs for the market and the economy.
Here’s what I’ve been reading this morning:
‘CPI Report Shows Inflation Eased to 3% in June’ – Gwynn Guilford – The Wall Street Journal
- The Fed has said they plan to raise interest rates further this year, but with this latest CPI data, it has people wondering if they actually will. This article discusses the CPI numbers and what it means moving forward.
‘A Blueprint for Peak Retirement’ – Tony Isola – A Teachable Moment
- For athletes, their peaks tend to come pretty early in life. For other things, peaks come later. In this post, Tony writes about peaking in retirement and what activities and processes can help maximize your retirement lifestyle.
‘3 Overrated Financial Concepts’ – Ben Carlson – A Wealth of Common Sense
- There are plenty of overrated concepts, but Ben focuses on three in this post that seem to be popular at the moment. He discusses houses as investments, paying off mortgages early, and more!
‘Credit Card Interest Rates at Record Highs, These 4 Tips Can Help’ – Lorie Konish – CNBC
- If you carry a large monthly credit card balance, interest rates hitting record highs is NOT good news. This article addresses some tips individuals can take to beat the “minimum payment cycle”.
ENJOY!
