CPI Numbers as expected, Inflation easing if only just a bit.

The big news this morning is no news or at least the news we expected. The CPI (Consumer Price Index) came in as expected at 6%. Inflation still is stubbornly high but continues to go down. I personally prefer to see this in graph form below.

The Feds meet next week and are expected to raise rates 0.25% from the expected 0.50%.

We continue to watch the aftermath of Signature bank and Silicon Valley Bank. These are both unique situations though it has rattled the market and consumers.

Have a great rest of your week and yes its only Tuesday. Feels like Friday already.


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