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Retirees Worried About Inflation May Want to Consider Adding This Investment to Their Portfolio


However, they operate a bit differently. And depending on how you use them, they can help protect your purchasing power.
As the U.S. continues moving back to pre-pandemic economic activity and the Biden administration s stimulus efforts juice the recovery, inflation has been on the minds of many investors. The consumer price index rose 0.8% in April from March and 4.2% from a year earlier the highest since September 2008 and above the expected 3.6% increase.
In addition, the Federal Reserve has indicated its willingness to let inflation run hotter than the standard 2%. And given where the economy was a year ago largely shut down due to the pandemic, with year-over-year inflation virtually nonexistent it s uncertain at this point whether the jump in prices will be short-lived or more of a longer-term reality. ....

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