How to hedge against inflation — and what to avoid AFP via Getty Images Inflation is all that the market seems to care about these days. Wages are rising, consumer prices are surging — and investors are worried the Federal Reserve will raise interest rates faster than expected to keep inflation in check. So what’s an investor to do? The S&P 500 is down more than 2% in the past week and the Nasdaq has fallen more than 4%, even with stocks rebounding Thursday. The CNN Business Fear & Greed Index, which measures overall market sentiment, also slid into Fear territory Wednesday. Experts say there are a few options for investors looking to hedge against rising prices.