Rising prices are scaring investors. Here’s how inflation works, how it affects investments like stocks and funds and how to protect your money.A new report on inflation is due this morning. Economists surveyed by Bloomberg forecast that the annual rate of price increases will slow to 6.2% in January following a decline to 6.5% in December. More broadly, inflation has cooled recently from a 40-year high of 9.1% in June.
paved the way for the Federal Reserve to hike rates by a traditional 0.25 percentage point, a significant shift from its more aggressive stance at prior meetings when it raised rates by 0.75 and 0.50 percentage points., anticipating that the central bank was closer to pausing rate hikes. But January's surprising blowout jobs report, which showed U.S.
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The rate of Inflation today came in at 6.4% (year-over-year). Some context: the Rate of Inflation in the UK is 10.6%, in Germany 8.6%. In the US it is now 6.4%. This is the 7th month in a row in which the rate Inflation has declined.
Prices continued to decline on a yearly basis for the seventh straight month to 6.4% from 6.5%, the smallest increase since October 2021. However on a monthly basis, inflation rose by 0.5% from 0.1% in December.
These are year over year decreases, not the actual inflation rate for the month.
Way, way down… …to ONLY 6.5%
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Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »