12: Inflation & Interest Rate News: The Ugly Truth Investors NEED to Know
On The Market
00:00
Inflation Is a Bad Thing, Right?
Every single category that is tracked by the consumer price index went up in May. This was much higher than weere expecting. Most economists believed, at least at the beginning of the year, and even up until a couple of weeks ago, that inflation was going to pek soon. A little bit of inflation actually stimulates the economy. If you thought prices were going to stay flat or go down, you might not choose to buy the carright now,. or make some big purchase.
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