A new report on inflation is due Tuesday 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.
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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