Hi Friends,
With global financial problems seeming to quiet down in the news cycle, there is a focus again on the inflation rates. The Fed generally targets, and is comfortable with, an inflation rate of around 2% per year.
During the global pandemic, the inflation rate stayed mostly constant with a 1.4% inflation rate posted for the calendar year of 2020. However, fears are that the 2021 inflation rate is going up too fast. Factors such as the government printing money, con…