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January Inflation: Why Prices Are Rising Again

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Synopsis

Today I’m addressing the January inflation report. In fact, contrary to expectations, inflation increased last month. Specifically, the Consumer Price Index (CPI) jumped 0.5% after increasing by only 0.1% in December.  Why are prices increasing again? Was the report positive or negative? What does this mean for the long-term inflation trend?  I’m answering these questions + we have a special guest that drops by to share his thoughts. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.