July Inflation Rate Goes Up As Expected

Tuesday's Inflation report came out higher in July as expected. If you look at the data this inflation percentage is based on "The CPI" you will notice that inflation began to slow in July 2022 and go down in August 2022.

The trickle down effect of the slowed inflation last year, will lead to higher inflation numbers year over year, even if "The CPI" does not go up at all in August or September.

For those looking for a great buy, the next 2 months as interest rates may go up, may be a great opportunity to purchase investments at low prices. Prices that are bound to increase as soon as interest rates are held steady or increase in mid 2024.