The Fed's inflation rate changes may not impact your savings strategy - Business Insider

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Don't worry about moving money around just yet

in 2020. As savings rates decrease, but the inflation rate occasionally increases, you might be wondering if you should move cash into investments so you can earn higher rates.

"Because that goal is so short-term, inflation isn't as much of a factor in making the decision to keep your money in cash," Wyckoff said.

 

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