Inflation eased in the latest CPI report—but your savings still need to outpace it. Here’s the rate to watch and what to do if you’re falling short.
While there was hope that inflation would finally be on the decline, unfortunately, it appears to be holding steady. The latest data from the Federal Reserve's Consumer Price Index report shows that ...
High-yield savings accounts can help protect your money’s purchasing power by earning returns that outpace inflation.
According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation rose slightly in January 2025, bringing it to its highest point since June 2024. For many ...
A million dollars once symbolized lifelong financial security, but its slowly eroding purchasing power now tells a different story. Inflation, especially over the last few years, has quietly chipped ...
Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...
Can a high-yield savings account help you earn enough in interest to outpace inflation? The good news is, possibly. The bad news is, not always. Inflation takes a toll on our budgets, whether it’s ...
Inflation: the nine-letter word currently belonging to almost every consumer’s vocabulary. Inflation, though it may not need an introduction, is most simply defined as the periodic rate of increase in ...
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