2 Question Tuesday – 10/01/2024 – Inflation Fell To 2.2% What Does This Mean For Future Rate Cuts This Year? When Should People Look At And Consider Trusts?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Inflation fell to 2.2% what does this mean for future rate cuts this year?
- When should people look at and consider trusts?
Phil, Mike, and Larry discuss last week’s economic reports – the personal consumption expenditures price index, which showed the 12-month inflation rate is at 2.2%, the lowest rate since February 2021, and a report that showed U.S unemployment benefits fell to a four-month low – and what those reports mean for future interest rate cuts this year. They then talk about trusts and when people should consider using them.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.