Lake Tahoe Home Loans and Lake Tahoe Mortgage Loan Rates:
Inflation remained tame in July as evidenced by the Core Personal Consumption Expenditure, which measures prices paid by consumers for goods and services, rising by 0.1%, inline with expectations and down from the 0.2% registered in JUne. Inflation has been running low and below the Federal Reserve’s target levels.
Americans across the nation were more upbeat about current economic conditions at the end of August than they were in the beginning of the month. The Consumer Sentiment Index rose to 82.1 from 80.0, but below the 6-year high of 85.1 registered at the end of July.
There has been no decision made as to an airstrike on Syria by the US as the Israelis and the UK governments have said they will not intervene just yet. However, Israel did say that if Syria attacks the country, it will respond severely.