The business & money moves side of Wealth on Offense, the free daily briefing for go-getters.
The one story that matters most for your money each weekday, explained in plain English for beginners and pros, plus one specific move you can make today.
· The Big Move
Inflation came back swinging. The Producer Price Index, which tracks what businesses pay before goods hit the shelf, rose 1.3% in September and 6.3% from a year ago, per the Bureau of Labor Statistics. Both are the biggest jumps since 2022. Economists polled by Dow Jones expected 0.6% for the month, CNBC reported.
· One Smart Move
Stress-test your biggest number at one point higher. Pick the largest rate-sensitive cost in your life, whether that's a mortgage you're shopping for, a rental you're analyzing, or a business loan, and run it at today's rate plus 1%.
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