How Will Inflation Affect My Investments?

Inflation means prices are rising for the goods and services we purchase. Why do we say inflation “may be rising?” Why do we not know for sure?

We do not know whether inflation is back, for certain, until after the fact. Like interest rates, inflation is famously difficult to predict.

We have many measures of inflation. Lately, home prices are up, gasoline prices are up, and food prices are higher as well. These are all components of a popular measure of inflation called the CPI...continue reading