https://preservewm.com
We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
** Your Money
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A growing divide has emerged within the Federal Reserve over the timing and scale of potential rate cuts, largely due to uncertainties around President Trump’s tariffs. Fed Chair Jerome Powell has signaled he’s lowering the bar for cuts—suggesting that milder inflation or softening labor-market data could justify modest reductions by late summer.
The shift follows a pause in tariff escalations and a lack of immediate CPI jumps. Still, inflation’s stickiness remains a concern, as some officials warn that cost pass-through may take time to materialize. June meeting minutes reveal two distinct camps: a minority skeptical about any cuts this year, raising inflation fears, and a larger group leaning toward easing—provided upcoming data justifies it.
Notably, Trump-appointed governors Christopher Waller and Michelle Bowman advocate immediate reductions—even as early as July—while most others favor waiting until September to assess inflation and labor trends. Powell remains committed to a measured approach: any future cuts, he suggests, would be gradual and data-dependent to maintain balance.
Earnings season is underway, but this week’s inflation data may carry more weight—offering the clearest signal yet on which way Powell and the Fed may lean.
What Division Inside the Fed Means for Future Interest-Rate Cuts (https://www.wsj.com/economy/central-banking/what-division-inside-the-fed-means-for-future-rate-cuts-c5a9bdb8?st=yCgmRT&reflink=desktopwebshare_permalink)
by Nick Timiraos
** Your Life
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Flying soon for summer vacation? This article breaks down 18 common-sense (but often overlooked) airplane etiquette rules to help make air travel smoother for everyone. From giving a polite heads-up before reclining your seat to being mindful of armrest sharing and headphone volume, these simple tips can go a long way toward a more pleasant trip—for you and your fellow passengers.
Airplane Etiquette in 2025 (https://thevacationer.com/airplane-etiquette-rules/#:~:text=If%20you%20recline%2C%20warn%20the,be%20necessary%20to%20stay%20comfortable.)
by Phil Dengler
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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The simplest way to reduce flying stress is to arrive for your departure earlier than usual. That’s where the magic happens. This article highlights the other often-overlooked perks of showing up ahead of time, like grabbing the best seats at the gate, exploring lounges, enjoying a stress-free snack, or even sneaking in some last-minute shopping. It turns out, a little extra time can turn travel stress into a mini pre-vacation.
8 Hidden Perks of Arriving Early at the Airport (https://creators.yahoo.com/lifestyle/story/8-hidden-perks-of-arriving-early-at-the-airport-144738559.html)
by Caleb Harmon-Marshall
** Trivia
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Last week's answer: Hydrogen
This week's question: What object did Ben Franklin attach to the end of a kite string to prove that lightning is electricity?
https://youtu.be/r1M5eEJeT38?si=scmt9EhR_deDTyFI
** Back in 1964, this song reached #1
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