Summary
- Both headline and core numbers for year-over-year inflation have fallen well below the Federal Reserve’s 2.0% target.
- Falling gasoline prices again accounted for the low June number. Used vehicle prices also have been falling.
- What does this mean for investors in TIPS and I Bonds? Possibly lower real yields and a short-term period of mild inflation.
Read my full analysis on SeekingAlpha.com
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About Tipswatch
Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
Have you a POV on the July 10 yr TIP vs. a 10 yr brokerage CD @3%, both in IRA