Core Inflation Slowing: Why This Trend Is So Important | Rick Wedell | RFG ADVISORY

Inflation has been the story of 2022, with inflation rates reaching roughly 8.5% as of this week, the question is, “How long do we expect this to continue?” In this video, RFG Advisory CIO Rick Wedell, dives into the data. Of course, your bill at the pump and the grocery store seems to be ever increasing, but when you look at core inflation data, it seems to tell a story that might be surprising and possibly a positive outlook for the rest of this year. Of course, we can never tell from a few data points on inflation exactly where it is going to go, but this new information gives us some insight into what to expect in the future.