Is Inflation Still Cooling?

On an April 2023 episode of America's Wealth Management Show, Dean Barber and Bud Kasper, CFP®, AIF® discussed how inflation was finally cooling after reaching a 41-year high in 2022. That continued to be the case for most of the rest of 2023. After year-over-year inflation hit 9.1% in June 2022, it fell to 3.1% by November 2023. However, the cooling trend for inflation appears to have come to a halt since then. The Consumer Price Index, which is considered as one of the leading indicators of inflation, increased 0.4% in February 2024 and 3.2% over the last 12 months according to the U.S. Bureau of Labor Statistics' monthly report. CNBC Article: https://www.cnbc.com/2024/03/13/when-are-the-worlds-central-banks-cutting-rates-in-2024.html Retirement Plan Checklist: https://bit.ly/3ThLW5v Financial Planning Tool: https://bit.ly/3wUKoqR Meet with Us: https://bit.ly/4cszk4D Disinflation vs. Deflation: What Are the Key Differences?: https://youtu.be/TzA2kVLRlug Health Care Costs During Retirement: https://youtu.be/7ffrE3wnBuc Bad Retirement Planning Habits to Avoid: https://youtu.be/Ry6ANnqXXUA Don't Retire Without Doing These 8 Things: https://youtu.be/nbF2B5efXtc The Market Outlook and the Last Six Months: https://youtu.be/xMKSXZawO2I?si=jCGxYmmTY1VeEzBv