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PLUS: Rich vs. Wealthy. Politics We All Agree On.
Happy Friday Basis Pointers, today we're reminded inflation has peaked. That changes nothing about everyone always stressing about money.

But at least see our inflation peak & Fed hike recap. It may chill you out. And it previews when Fed hikes will chill out.

Speaking of money: how much money makes you rich vs. wealthy? We've got your figures.

 

Inflation peak & Fed hike recap. Everyone worried about money, but worst is over.

Core PCE Inflation flat in March 2023. Still below Sept 2022 peak but too high for a Fed pause May 3 - The Basis Point
Despite everyone always worried about money, worst inflation over but Fed May 3 rate hike likely. Here's inflation peak & Fed hike recap.
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3D-printers also bigger in Texas: world's first luxury 3-D printed homes start at $900k.

World's first 3-D printed hotel and homes look killer. Check out this collab led by Liz Lambert, ICON, and BIG-Bjarke Ingels Group.
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Politics 62% of us agree on: Regulate tech companies offering bank products

62% of U.S. adults think tech companies offering banking products should be regulated like financial services companies - Morning Consult -
via The Basis Point
According to a survey, Gen Zers and millennials are especially interested in Appleā€™s high-yield savings account.
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CHARTS: Income Needed To Be Rich vs. Net Worth Needed To Be Wealthy

Nick Maggiulli at Ritholtz Wealth discusses the nuances of the rich vs. wealthy. What definitions as well as income and net worth numbers set these financial terms apart?
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