Why Inflation Is One of the Fed’s Top Priorities?
Inflation reduces the purchasing power of each unit of currency, which leads to increases in the prices of goods and services over time. It’s an economics term that means you have to spend more to fill your gas tank, buy a gallon of milk, or get a haircut. In other words, it increases your cost of living. Learn more here.
Inflation, How It’s Measured and Managed
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