Two years ago, I was writing about the high inflation of 2022 and 2023. Right around that time inflation started dropping dramatically, all the way to where it sits now—below 3%. Meanwhile, interest ...
Though a cause for concern, inflation does not necessarily spell disaster for folks attempting to save for a happy retirement. A recent Money and Mental Health Survey found that 43% of U.S. adults ...
How Does Inflation Work? Inflation is the broad, gradual increase in prices across an entire economy. When prices rise, inflation lowers the purchasing power of money. Central banks consider a ...
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What is inflation and how does it affect you?
Inflation is one of the most important economic metrics that affects you and your money. There’s a good reason why the government and Bank of England look at it so closely. Put simply, inflation ...
Falling inflation means prices are still rising, but at a slower rate than before. Deflation, which is when prices actually decrease, is a rare occurrence in the U.S. economy. While overall inflation ...
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