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Sky-high inflation rates are affecting the price of swaths of everyday goods and services across the United States, leading to record-high fuel prices and eye-popping grocery bills.
Russia may threaten Ukraine, but investors should stay calm.
Low inflation had spoiled U.S. investors for so long that last year’s sudden surge came as a shock. As those who lived through the late 1970s and early 1980s can attest, inflation can be a “portfolio killer” because it erodes purchasing power. Inflation revved up to 7% in December compared to the year prior, the ...
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