Inflation Can Be a Scary Word

Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.” When inflation is running hot, you can feel its overreach in almost every corner of the economy. Managing inflation is the job of the Federal Reserve, and the Fed’s approach with monetary policy reflects its near single-minded focus on higher prices in 2022. Read the full article here Inflation Can Be A Scary Word