In 2022, the U.S. hit a 40-year high in inflation, causing everything from gas to groceries to get more expensive. Inflation is the general increase in prices of goods and services in the economy. In the United States, the Federal Reserve states that an acceptable inflation rate is around 2% per year. What’s causing inflation…
The article What Causes Inflation and What to Do About It originally appeared on NerdWallet.
https://www.nerdwallet.com/article/investing/what-causes-inflation
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