Amidst a slight cooling in economic activity, inflation has been making decent progress towards the 2% target. Click to read.

Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China.

President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower interest rates, calling him a "numbskull" but adding that he won't seek to remove him.

I may have to force something” on interest rates, said Trump, upping the pressure on his campaign against Powell.

Treasury yields are higher Friday, with investors calculating that the surge in oil prices could push up overall inflation and make it harder for the Federal Reserve to cut interest rates. While geopolitical instability can sometimes boost Treasurys as investors look to buy safer assets,

Western Asset Infl-Linked Opps & Inc Fd is a good buy for income investors with an 8.74% yield, discount to NAV, and inflation-linked assets. Click for more on WIW.